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Coinflip Expands Cryptocurrency ATM Services to Mexico

Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s…

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German Authority Seizes 13 Unauthorized Crypto ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated…

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Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally

In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total…

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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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Crypto ATM Company Bitbase Prepares to Open Operations in Venezuela This Year

Bitbase, a cryptocurrency store and ATM company headquartered in Spain is preparing to open operations in Venezuela this year. The company is now looking for employees for the stores and…

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World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition…

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The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of…

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