Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World
ATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400
Read MoreATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400
Read MoreCryptocurrency ATM startup CoinFlip now allows customers to purchase Stellar Lumens (XLM) from its network of machines, according to co-founder and CEO Daniel Polotsky.The listing increases XLM’s availability in brick-and-mortar stores, Polotsky said. CoinFlip operates about 450 ATMs in gas stations and convenience stores across the United States, allowing customers
Read MoreAdding to the hundreds of Bitcoin scam schemes employed since its inception, a group of ‘spoofers’ is out there defrauding Americans via Bitcoin(BTC)trade in the disguise that they are government officials.Raising alarm on an epidemic that seems to be spreading fast across the nation, the United States Marshals Service together
Read MoreAfter installing a bitcoin ATM at Miami International Airport, Bitstop installed cryptocurrency ATMs at five major malls in multiple U.S. states. The
Read MoreAs the cryptocurrency community grows in leaps and bounds, Bitstop which is one of the largest Bitcoin ATM operators in the world has installed five Bitcoin ATMs for starters across several locations of America’s largest retail mall operator Simon Property Group. This comes at a time when the cryptocurrency space
Read MoreBitstop installed five bitcoin ATMs in Simon Property Group locations over the past month – in Carlsbad Premium Outlets in Carlsbad, California, Mall of Georgia in Buford, Georgia, Miami International Mall in Miami, Sawgrass Mills in Sunrise, and The Avenues in Jacksonville, Florida – expanding the company’s exposure to first-time
Read MoreThe Internal Revenue Service is looking at bitcoin ATMs and their potential to facilitate illicit activities, its criminal investigation chief said. Source
Read MoreAn official from the U.S. Internet Revenue Service (IRS) has stated that the agency is going to investigate crypto-based ATMs and kiosks for potential criminal activities that include tax evasion and money laundering.Cryptocurrency ATMs and kiosks are increasingly gaining popularity among digital currency users in the United States as many
Read MoreThe number of Bitcoin (BTC) ATMs installed worldwide has now surpassed a new milestone surpassing 6,000.Online resource CoinATMRadar shows that there are currently 6,004 machines installed worldwide, over 65% of which are in the United States. The United States dwarfs other countries in Bitcoin ATMsFurthermore, 108 machines have been deployed
Read MoreUnited States Internal Revenue Service (IRS) Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin (BTC) ATMs and kiosks.According to Bloomberg Law on Nov. 15, Fort said that the IRS is collaborating with law enforcement to investigate illicit uses of
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