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LibertyX to Transform 90 Conventional ATMs to Crypto ATMs in Arizona and Nevada

The Boston-based LibertyX, an organization that develops software which transform standard non-bank ATMs to administer Bitcoin, has collaborated with ATM manufacturer DesertATM to include 90 ATMs situated in Arizona and Nevada to its existing Bitcoin ATM network. AMPM, ARCO and Chevron gas stations and Family Dollar retail locations are some

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Drug Trafficking Group in Spain Used Crypto ATMs for Money Laundering

With cryptocurrency came a lot of innovative developments. One of such innovations is the creation of ATM-like machines specifically for dispensing virtual currencies.These machines function like the conventional automated teller machines (ATMs). You can put in a specific amount to get the equivalent worth in crypto coins or convert the

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Bitcoin ATMs Undermine EU Anti-Money Laundering Efforts, Says Spanish Police

Spanish law enforcement says Bitcoin ATMs enable criminals to circumvent anti-money laundering (AML) regulations according to a report by Bloomberg. This statement comes following calls from officials in Canada for crypto cash machines to be banned over money-laundering concerns. Meanwhile, the number of crypto kiosks worldwide has crossed 5,000 and

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Coinsquare invests in Just Cash, a company that turns regular ATMs into crypto ATMs

Canadian digital currency exchange Coinsquare has made a controlling investment in Just Cash, a company that creates software that turns regular ATMs into crypto ATMs. A routine software update will essentially turn a traditional ATM into a crypto ATM to dispense Bitcoins. Just Cash’s software will enable any normal fiat-based ATM

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Crypto Exchange Coinsquare Wants to Upgrade ATMs to Crypto ATMs with Fintech Acquisition

Coinsquare, a leading Canadian crypto exchange, has recently acquired a controlling stake in fintech software developer company Just Cash. Coinsquare may expand its services with this investment. The amount of investment isn’t disclosed yet.The software developed by Just Cash will allow the users to buy cryptocurrencies directly from ATMs (any

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Canadian Startup Wants to Upgrade Millions of ATMs to Sell Bitcoin

Canadian exchange Coinsquare has acquired software allowing traditional ATMs to sell cryptocurrency such as bitcoin (BTC), according to a press release on July 3.Coinsquare announced a controlling investment in Just Cash, a United States-based fintech startup that has developed a software that allows users to purchase crypto directly through

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