The state of Connecticut is freaking out over how much crypto fraud has occurred through its growing network of bitcoin and digital currency ATMs....

March 9, 2023 Image: Unsplash/John Paul Cuvinar Remember Crypto ATMS? These relics of the past popped up all over the world back in 2013 in convenience...

Bitcoin of America, a crypto ATM registered as a money services business with the U.S. Department of Treasury, has added Dogecoin to its Bitcoin of America ATM locations, according to a press release. Crypto enthusiasts can now buy the meme-based cryptocurrency over 1800 Bitcoin ATM machines (BTMs) across 31 states in the United States. The move resulted in Dogecoin suddenly skyrocketing above 11.1% from the past 24 hours. The news is out! #Dogecoin is now available at Bitcoin of America BTMs 📍 pic.twitter.com/rK7uRRQA7E — Bitcoin of America (@BTCofAmerica) March 23, 2022 Combining Traditional ATM with a Crypto Machine Earlier last year, the crypto ATM even added Ethereum in addition to bitcoin and Litecoin. In May of last year, Bitcoin of America announced its “Universal Kiosk” which combines the capabilities of a traditional ATM with a cryptocurrency ATM. It also offers three main functions which include the traditional ATM feature where customers can dispense cash from a debit card; the ability to buy cryptocurrency with cash; and the ability to sell crypto in return for cash. In addition to providing crypto ATM services, the company also offers programs for store owners looking to earn extra income by taking care of their host locations and providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

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GENERAL BYTES, one of the largest bitcoin and cryptocurrency ATM manufacturers, recently announced it has upgraded the BATMTwo, its most popular ATM model, with a permanent screen upgrade. The 7-inch touch screen is now a 10-inch screen, and all newly ordered BATMTwo ATMs will ship with this more ergonomic touchscreen. The new 10″ screen on […]

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Cryptocurrency ATMs have closed down in Singapore following the guidelines issued by the central bank, the Monetary Authority of Singapore (MAS). “To comply with the sudden announcement, we have ceased to offer buy or sell services via our five ATMs while seeking further clarification from the MAS,” said one crypto ATM operator. Crypto ATMs Shut […]

Uruguay’s Central Bank issued a document in December outlining a roadmap. The risk of falling victim to a scam is

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Uruguay has received its reported first cryptocurrency ATM in its territory, which is already installed in Punta del Este, a city located in the southeast of the country. Two national crypto companies developed the cryptocurrency machine: Urubit and Inbierto. The former focused on the software part of the system, and the latter provided the hardware for the […]

The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose primary avenue for purchasing crypto relies on peer-to-peer markets. Uruguay Enters the […]