Tag: bitcoin ATM

  • Bitcoin
    Bitcoin

    Unocoin Founder Recounts His Arrest Following Indian Crackdown on Bitcoin ATMs

    Just one week ago, Indian officials arrested the co-founder of an Indian cryptocurrency exchange, Unocoin, for operating a Bitcoin ATM kiosk which the police called “illegal”. One of Unocoin’s co-founders has now given a recount of his arrest in a recent interview. The Unocoin co-founder’s arrests were largely...

    Cole Petersen | October 30, 2018 | 8:00 pm
  • Crypto
    Bitcoin

    Scammers Use Cryptocurrency ATMs to Target Potentially Vulnerable Victims

    Australian police have been informed of a scam in which the perpetrators are requesting people deposit funds for them at cryptocurrency ATMs. It is thought that those behind the scam are targeting newly-arrived migrants who are unsure if such requests are genuine since they are navigating an entirely...

    Rick D. | October 5, 2018 | 9:00 pm
  • bitcoin ATM
    Industry

    Analysis: Crypto ATM Industry Will Grow Tenfold in Next Five Years

    Many experienced cryptocurrency investors and traders classify crypto ATMs as a gimmick, as these machines charge exorbitant fees in comparison to digital fiat-to-crypto exchanges, like Coinbase, Bittrex or Bitstamp. But as decentralized technologies develop and more individuals seek to enter the cryptosphere, analysts predict that the value of the...

    Nick Chong | September 5, 2018 | 10:30 am
  • bitcoin ATM
    Bitcoin

    Bitcoin ATMs Becoming the Norm in US Inner Cities

    Of the numerous humanitarian applications of blockchain that are being tested, and in some cases already used around the world, implementing cryptocurrency in places where populations are under-served by financial institutes is considered a winner. Poor countries or island nations with rural people living far from city centers, who...

    John McMahon | July 2, 2018 | 9:30 am
  • Vancouver
    Industry

    Vancouver Police Push Government to Enforce KYC/AML Laws with Cryptocurrencies

    The Vancouver Police Department (VPD) has warned Canada’s federal government that cryptocurrencies are increasingly being used by organized crime to launder money. The agency advises that checks and balances are necessary to monitor the digital coins, and pushes for the enforcement of amendments to legislation that would require...

    Thomas Delahunty | April 25, 2018 | 9:01 pm
  • bitcoin ATM
    Bitcoin

    CoinSource Expands Bitcoin ATM Network by Entering Washington DC

    Bitcoin ATMs can be found in dozens of countries around the world. Especially in the United States, competition has been heating up. CoinSource remains a dominant player, as their network spans nearly 200 Bitcoin teller machines. This company is now expanding into Washington D.C. for the very first...

    JP Buntinx | April 13, 2018 | 10:00 am
  • slovenia
    Bitcoin

    Slovenia: Bank Forced to Stop Selling Cryptocurrency Via ATMs

    A tiny bank in Slovenia has been forced to stop selling cryptocurrency from its ATMs. Hranilnica Lon only had 15 automated teller machines but announced proudly last September that they’d decided to allow the purchase of Bitcoin and other cryptocurrencies directly from the machines. This was done via...

    Rick D. | February 8, 2018 | 7:30 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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