Category: ATM

California named ‘most crypto ready’ US state

September 18, 2021

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Measures such as Google searches, Bitcoin ATM installations and the number of crypto-focused bills were used to tabulate the crypto-ready index. 1045 Total views 18 Total shares California has emerged as the most crypto-ready jurisdiction in the United States thanks to the proliferation of cryptocurrency ATMs and growing interest in digital assets among the state’s […]

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El Salvador ranks third in global Bitcoin ATM installations, data finds

September 18, 2021

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The Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender. 4800 Total views 80 Total shares El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM […]

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El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says

September 14, 2021

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El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. 344 Total views 3 Total shares Just a week after Bitcoin (BTC) became legal tender in El Salvador, President Nayib Bukele has admitted that the rollout of the state Bitcoin wallet was too much of a challenge. Chivo, […]

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NCR Corporation plans to purchase Bitcoin ATM company LibertyX

August 2, 2021

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LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs. 2558 Total views 195 Total shares Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs. In a Monday announcement, NCR said it expected to purchase LibertyX later this […]

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Bitcoin for cash: Do crypto ATMs make buying BTC easier for the mainstream?

July 31, 2021

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Cash may be king when it comes to purchasing Bitcoin (BTC), as recent data states that there has been a spike in crypto ATM installations during 2021, showing a 71.3% increase from Jan. 1, 2021, until the time of reporting. Specifically speaking, there are currently over 24,000 crypto ATMs located across the globe. Data further suggests […]

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Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

June 25, 2021

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Accessing BTC is about to get a lot easier in El Salvador with the crypto ATM rollout. 3423 Total views 8 Total shares U.S. company Athena intends to supply El Salvador’s new crypto-based economy with 1500 Bitcoin ATMs, a company representative has confirmed. The rollout will start small, trialing a few dozen machines to establish […]

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The number of Bitcoin ATMs in the US rose 177% over the past year

March 10, 2021

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Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. 13623 Total views 62 Total shares Since March 1, 2020, the number of new Bitcoin ATMs installed worldwide is nearing 10,000. According to the latest data from Coin ATM Radar, the current number of machines stands at 16,835, a strong 57.5% increase, […]

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Exchanges warn that Hong Kong’s crypto retail trader ban could backfire

February 15, 2021

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Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. 14762 Total views 34 Total shares Crypto industry actors in Hong Kong have been trying to push back against a forthcoming law that would restrict legal cryptocurrency trading to professional investors, locking out […]

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Crypto ATMs continue to boom globally in 2020

November 8, 2020

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New machines are now coming online at a rate of nearly 1 per hour 1612 Total views 42 Total shares In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, […]

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Bitcoin ATMs are booming in this Latin American country

October 27, 2020

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The country is relatively new to crypto adoption, but is building momentum quickly. 3896 Total views 29 Total shares Colombia now has the largest number of Bitcoin (BTC) ATMs in Latin America. According to CoinATMRadar, Bogota, the nation’s capital, has 34 ATMs, followed by Medellin with 11, and Bucaramanga and Cali with 4 each. Other cities […]

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