NY Regulators Issue BitLicense to Company With 88 Bitcoin ATMs

The New York State Department of Financial Services (NYDFS) has granted yet another Virtual Currency License (BitLicense) to one more NY-based bitcoin ATM company. Cottonwood Vending Gets the Green Light In a tweet on the official page of the NYDFS, the regulator announced that it has granted a BitLicense to Cottonwood Vending LLC, a Bitcoin […]

Continue Reading

Australian Bitcoin ATM Startup Says Its Raking in $360,000 Per Week

A Bitcoin ATM company from Australia has reported a weekly turnover of $500,000 AUD (roughly $360,000 USD) despite the cryptocurrency bear market.  $360,000 Weekly Turnaround Auscoin, an Australian bitcoin ATM company, has reported a weekly turnaround of $360,000 in 2018. According to the reports, it’s currently operating 31 ATMs throughout Australia but it’s planning to […]

Continue Reading

Venezuela: First Bitcoin ATM Opens ‘In 2 Weeks’ Amid Localbitcoins Shutdown Reports

Venezuela, the country seeing new Bitcoin trade volume records on an almost weekly basis, is to get its first ever Bitcoin ATM. Cryptobuyer: ATM Already In Caracas In an interview with local radio and news media network Union Radio, Jorge Farias, CEO of Panama-based Cryptobuyer, said the machine had already arrived in the country’s capital […]

Continue Reading

UnoCoin Founder Arrested For Operating India’s First Bitcoin ATM

Police in Bengaluru, India recently arrested UnoCoin cofounder Harish BV for “illegally” operating a Bitcoin ATM in the city barely a week after it was installed.  ‘Not Taken Any Permission from the State Gov’t’ According to The News Minutes, Bengaluru’s Cyber Crime Police unit brought forward a case against Unocoin for illegally installing a BTC ATM […]

Continue Reading

Over 100,000 ATMs Now Let You Buy Bitcoin With a Debit Card in the U.S.

Debit card Bitcoin purchase via regular ATMs are now a reality in the United States. This development foregrounds the recent partnership between Genmega and LibertyX. The collaboration allows people to buy Bitcoin from numerous cash machines using their debit cards. Buy Bitcoin Using Debit Cards Via ATM According to a press release published by Finextra on Monday, […]

Continue Reading

Cryptocurrency ATMs Set to Multiply in Greece

Cryptocurrency ATMs are set to become more popular in Greece following plans by a local company to install more of the machines. Cryptocurrency ATMs continue to become more popular, with units being installed in different countries on a regular basis. More Cryptocurrency ATMs Coming to Greece According to the Greek Reporter, a local company wants […]

Continue Reading

Easing Regulations Bring 4000 New Bitcoin ATMs to Argentina

Emilio Janus · May 2, 2018 · 1:00 am The Central Bank of the Argentine Republic (BCRA) has this month eased regulations regarding automatic teller machines in the country. The (perhaps unexpected) upshot of this has been a plan to install 4000 new crypto-enabled ATMs. Rules, Rules, Rules The new regulations do not contain any direct […]

Continue Reading