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Atms
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ATMs
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Regulation
Crypto ATM Network: First UK Conviction for Illegal Operation Valued at £2.6M
2024-09-30T14:48:44.961+02:00
Olumide Osunkoya pleaded guilty to operating an illegal network of crypto ATMs in the UK.
This marks the first conviction of its kind in the country, with sentencing pending at Southwark Crown Court.
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Damian Chmiel
Regulation
This London Man's £2.6M Crypto ATM Scheme Just Blew Up in His Face
2024-09-10T11:14:48.795+02:00
The UK's watchdog has charged a 45-year-old businessman for operating illegal BTC machines.
It marks FCA's first criminal prosecution for unregistered crypto activities in the ATM sector.
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Damian Chmiel
CryptoCurrency
New US Senate Bill Tackles Money Laundering via DeFi, Crypto ATMs
2023-07-20T00:22:36.218+02:00
It wants to hold investors responsible when a DeFi service violates a sanction order.
It also wants crypto ATM operators to verify users.
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Solomon Oladipupo
CryptoCurrency
FCA Shuts Down 26 Illegal Crypto ATMs in 2023, Continuing its 6-Year Fight
2023-07-11T10:15:54.468+02:00
The FCA has been fighting unlicensed cryptocurrency ATMs for years.
At the same time, it warns consumers of the risk of losing money.
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Damian Chmiel
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FinTech
Bitcoin Depot Announces $885M SPAC Nasdaq Plans
2022-08-31T10:12:26.812+02:00
Bitcoin Depot
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Viraj Shah
News
Bitcoin of America Now Supports Shiba Inu on Its ATMs
2022-04-04T23:12:00.000+02:00
Bitcoin of America is registered as a money services business with the FinCEN.
Shiba Inu will be available in over 1800 ATMs across 31 states.
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Felipe Erazo
FinTech
NCR Corporation Announces Acquisition of LibertyX
2022-01-14T06:53:03.392+02:00
NCR Corporation acquires LibertyX.
The acquisition would enable NRC to offer complete digital currency solutions.
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Nicholas Otieno
FinTech
MoneyGram Acquires Minority Stake in Crypto ATM Operator Coinme
2022-01-06T03:16:53.525+02:00
MoneyGram completed a strategic investment in Coinme.
The investment gives MoneyGram a 4% stake in Coinme.
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Regulation
Hong Kong Police Arrest Three Men Over $30,000 ATM Bitcoin Scam
2020-08-18T08:02:20.000+02:00
Authorities believe the men are part of a larger group which has been scamming bitcoin ATMs.
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Celeste Skinner
Regulation
Bitcoin ATM Operator Cottonwood Receives NY BitLicense
2019-02-01T00:05:40.000+02:00
Cottonwood is the second crypto ATM provider to receive the highly-sought-after approval.
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Aziz Abdel-Qader
Thought Leaders
Bringing Cryptocurrencies into the Real World – Can It Be Done?
2018-08-07T10:30:01.000+02:00
There are a lot of uses for cryptocurrency, but many of these are confined to things like speculation and trading
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Finance Magnates Staff
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