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Cryptocurrency ATMs
Crypto ATM Network: First UK Conviction for Illegal Operation Valued at £2.6M
- 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.
Monday, 30/09/2024 | 12:48 GMT by
Damian Chmiel
This London Man's £2.6M Crypto ATM Scheme Just Blew Up in His Face
- 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.
Tuesday, 10/09/2024 | 09:14 GMT by
Damian Chmiel
From Niche to Necessity: The Global Rise of Crypto ATMs
- As of mid-2024, there are nearly 40,000 Crypto ATMs globally, with the US leading in market share at 82%.
- The global crypto ATM market is projected to grow at a compound annual growth rate of 63.4% from 2024 to 2030.
Thursday, 15/08/2024 | 08:39 GMT by
Scott Buchanan
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