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Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns

Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are…

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FTC Urges Caution as Bitcoin ATM Fraud Cases Skyrocket

The Federal Trade Commission (FTC) has reported a sharp rise in scams involving bitcoin ATMs, with fraud losses increasing nearly tenfold from 2020 to 2023 and exceeding $65 million in…

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US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United…

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Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three…

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9 years after the first Bitcoin ATM, there are now 38,804 globally

From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing.

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Bitcoin ATMs Increase in Number in Moscow, Russia

The number of bitcoin ATMs has been on the rise in Russia’s capital and the rest of the country, a press report revealed this week. There is demand for the…

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Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals

A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor…

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Tracker Shows Close to 3,000 Crypto ATMs Were Installed in 2022’s First Quarter

During the last 12 months, there’s been an exponential number of cryptocurrency automated teller machines (ATMs) installed as data shows that 20,000 crypto ATMs were installed last year. This year…

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