Payments Source

NOVEMBER 25, 2020

ATM technology provider Payment Alliance International is partnering with B4U Financial to enable users of any cryptocurrency wallets to redeem bitcoin for cash at the ATMs.

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Payments Source

DECEMBER 4, 2020

Cryptocurrency is cooking with a fall rally and lots of attention from recognizable companies like Square and PayPal. For Daniel Polotsky, any good news for bitcoin is welcome.

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Finovate

JUNE 30, 2025

Cryptocurrency trading platform Kraken secures a Markets in Crypto Assets (MiCA) license in Ireland. Payments InComm and NCR Atleos team up to launch a suite of new self-service ATM solutions across the US. Wirex announces that its Wirex Pay Chain is now supported on digital asset and payments infrastructure platform Fireblocks.

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PYMNTS

OCTOBER 28, 2016

Coinsource, America’s largest bitcoin ATM provider, just announced proudly that the company now has 55 ATM kiosks, after adding six new ones in California — four in Los Angeles and two in San Francisco. The average rate of a new bitcoin ATM? But maybe ATMs won’t indeed be the way that people access bitcoin.

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PYMNTS

JANUARY 25, 2019

In a new PYMNTS interview, Neil Bergquist, CEO of bitcoin ATM provider Coinme , spoke about how his company is part of the launch of bitcoin payments via Coinstar kiosks, those change-handling machines often located near ATMs, customer service desks or front entrances at grocery stores. Who Uses Bitcoin ATMs, Anyway?

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PYMNTS

SEPTEMBER 17, 2020

Two individuals from Russia who were recently sanctioned by the Treasury Department purportedly put into place copycat websites for cryptocurrency exchanges that that tricked people into providing login information, CoinDesk reported. There were 9,680 bitcoin ATMs as of the start of the month, marking a 167 percent year-on-year rise.

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PYMNTS

AUGUST 7, 2020

German authorities are cracking down on several allegedly illicit cryptocurrency-related operations in the country. BaFin, Germany’s financial regulatory authority, has begun shuttering crypto ATMs run by KKT UG, CoinDesk reported. The crypto company operates 17 of the 67 bitcoin ATMs in Germany, according to CoinDesk.

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Fintech Finance

AUGUST 29, 2024

ReadyCode connected ATMs will offer the ability for enrolled LibertyX customers to seamlessly receive their cash at locations and communities of their choosing following the sale of bitcoin across more than 30 states to start. This feature is made possible through the Atleos ReadyCode API suite.

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PYMNTS

OCTOBER 8, 2020

Barr unveiled the publication of “Cryptocurrency: An Enforcement Framework,” which his Cyber-Digital Task Force created, according to a Thursday (Oct. Cryptocurrency is a technology that could fundamentally transform how human beings interact, and how we organize society,” Barr said in the release. Attorney General William P.

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PYMNTS

JANUARY 27, 2019

Business for bitcoin ATM companies seems to be booming, with Coin ATM Radar estimating that there are now 4,213 cryptocurrency ATM machines around the globe, most only offering bitcoin. And Jorge Farias, CEO of the Panama-based startup Cryptobuyer, is planning to open Venezuela’s first bitcoin ATM in Caracas next month.

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PYMNTS

JUNE 21, 2019

The firm plans to draft rules and oversight for cryptocurrency firms to prevent abuse. The initiative highlights concern from authorities around the world that cryptocurrency is being used to hide money gained from criminal activity.

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Cryptocurrency Rules Digital Currency Checks 55

PYMNTS

MARCH 3, 2020

In other news, more than 7,000 digital currency ATMs now exist throughout the world, Cointelegraph reported. There are said to be 42 makers responsible for the machines, and the world was introduced to the concept of a bitcoin ATM in 2013. This partnership ensures that the SOV will be built on a scalable and secure platform.”.

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Digital Currency ATM Bitcoin Blockchain 67

PYMNTS

NOVEMBER 28, 2018

The UK’s Financial Conduct Authority ( FCA ) revealed that it has launched investigations into 50 cryptocurrency companies over unlicensed operations. According to The Telegraph Money , the agency also said it was looking into seven whistle-blowing reports from employees engaged in the cryptocurrency sector.

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PYMNTS

JUNE 27, 2019

Data shows that there are now more than 5,000 bitcoin ATMs around the world. According to data from CoinATMradar.com, cryptocurrency ATM manufacturer General Bytes has installed 69 new machines since the beginning of June, while Genesis Coin added 24 new BATMs, and Lamassu and Bitaccess added 13 and 11 cryptocurrency ATMs, respectively.

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PYMNTS

DECEMBER 27, 2020

In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. bitcoin has become available at over 16,000 ATMs in December of this year, a press release from East London-based cryptocurrency company BitcoinPoint says. 25) and then $26,000 on Saturday (Dec. In the U.K.,

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CBDC Bitcoin Digital Currency Cryptocurrency 101

PYMNTS

JUNE 9, 2019

In other news, riders at London’s Bond Street station might have believed they hit the lottery when a bitcoin ATM started spitting out money. As you can see, there is a bag in the front of ATM. However, our ATMs support large transactions — and it is fair to say that a larger, redesigned presenter would be a good solution.

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PYMNTS

APRIL 5, 2019

People who want to use UnionBank of the Philippines ‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. According to The Next Web , UBP, the seventh-largest bank in the Philippines, launched its first cryptocurrency ATM this week. We see CODA as way more than just payments.

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Bitcoin ATM Blockchain Blocks 53

PYMNTS

OCTOBER 28, 2020

Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. consumers interested in applying for its new Coinbase Card, a Visa debit card that enables users to use their Bitcoin or other crypto holdings to shop online and in stores, in addition to converting their cryptocurrencies to cash at the ATM.

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Debit Card Push-to-Card Cryptocurrency ATM 77

International Payments Processing

NOVEMBER 2, 2021

POBs, also known as “Cashless ATMs”, are a payment processing workaround. These Cashless ATMs work like a traditional PIN-based swipe transaction, however, no physical cash is actual withdrawn. You can also offer cashless ATM solutions. It allows the customer to bypass the transaction fees for the ATM.

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Process ATM Payments Credit Cards 88

International Payments Processing

NOVEMBER 2, 2021

POBs, also known as “Cashless ATMs”, are a payment processing workaround. These Cashless ATMs work like a traditional PIN-based swipe transaction, however, no physical cash is actual withdrawn. You can also offer cashless ATM solutions. It allows the customer to bypass the transaction fees for the ATM.

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Process ATM Payments Credit Cards 88

The Fintech Times

APRIL 4, 2025

Kraken , the US-based cryptocurrency exchange, has secured restricted dealer registration in Canada, enabling it to roll out access to more of its crypto products under the supervision of the Ontario Securities Commission.

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Security Bitcoin ATM Consumer Protection 52

PYMNTS

DECEMBER 17, 2020

As of this writing, and as noted by CNBC , the marquee name of cryptocurrency stands out as it touches fresh new highs of about $23,000, eclipsing the highs seen as far back as three years ago, when bitcoin approached $20,000. Ternio, of course, has linked with Visa as a cryptocurrency-focused enablement partner.

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Bitcoin Cryptocurrency PayPal Online and Mobile Banking 117

Payments Source

NOVEMBER 9, 2018

Today: New ATM attacks from North Korea; Cryptocurrency emerges for financial inclusion; Hong Kong upgrades federated ID; U.K. The information you need to start your day, from PaymentsSource and around the Web. fintech expands donation technology.

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Financial Inclusion ATM Cryptocurrency FinTech 72

The Paypers

APRIL 3, 2019

(The Paypers) UnionBank of the Philippines has unveiled the first cryptocurrency automated teller machine (ATM) in the Philippines, allowing customers to exchange digital units for cash.

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ATM Cryptocurrency Automation 28

The Paypers

SEPTEMBER 12, 2024

The Financial Conduct Authority (FCA) has charged a 45-year-old London resident, with operating multiple cryptocurrency ATMs without the necessary FCA registration.

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ATM Cryptocurrency Authorization 36

The Paypers

SEPTEMBER 12, 2024

The Financial Conduct Authority (FCA) has charged a 45-year-old London resident, with operating multiple cryptocurrency ATMs without the necessary FCA registration.

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ATM Cryptocurrency Authorization 36

PYMNTS

FEBRUARY 23, 2017

Coinsource , the largest network of bitcoin ATMs in the United States, recently announced it placed three new machines in St Louis, Missouri — the company’s first foray into the Midwest market. In 2016, we were installing bitcoin ATMs at an average of 1.2 And India could be a cryptocurrency monster.”. machines per week.

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ATM Bitcoin Cryptocurrency Continuity 40

Fintech News

JULY 3, 2024

Singapore, long known for its financial prowess and technological innovation, has emerged as an unexpected leader in cryptocurrency adoption. From the bustling streets of Marina Bay to the fintech hubs in the Central Business District, cryptocurrency has woven itself into the fabric of Singaporean life.

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Financial Literacy Cryptocurrency Digital Currency Money Laundering 109

The Paypers

SEPTEMBER 12, 2018

(The Paypers) Yoti has announced its partnership with Trilliant to provide instant KYC on its cryptocurrency ATMs.

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ATM Cryptocurrency 28

PYMNTS

JUNE 6, 2019

In other news, Vancouver’s mayor is suggesting the ban of bitcoin ATMs, as the city’s police called them an “ideal money laundering vehicle.”.

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Bitcoin ATM Money Laundering Scams 54

PYMNTS

MAY 6, 2020

Irish bitcoin ATM operator Boinnex found itself facing roadblocks from Allied Irish Banks (AIB), which shut down its account and said it didn’t want to deal with an unregulated form like cryptocurrency, according to CoinDesk. Cryptocurrency still isn’t recognized by the Central Bank of Ireland as a legitimate form of payment.

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PYMNTS

APRIL 11, 2019

Coinbase , the cryptocurrency exchange operator, announced Wednesday (April 10) the launch of the Coinbase Card in the U.K., The card allows customers to pay for things via contactless or chip and PIN and make cash withdrawals from ATMs. which is a Visa debit card that lets customers in the U.K.

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Debit Card Bitcoin Cryptocurrency CHIPS 86

PYMNTS

JUNE 19, 2020

As noted in the press release tied to the PayID launch, Reza Bashash, CTO of CoinField, a bitcoin and crypto exchange and member of the coalition, said, “We are excited to be a part of this initiative and are hoping for other crypto exchanges to join and utilize PayID for an easier, safer, and compliant future of cryptocurrency.”

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P2P Bank Routing Number Payments ATM 106

PYMNTS

AUGUST 30, 2019

The asset manager is developing a platform that would tailor portfolios of cryptocurrency funds for institutional investors, the Financial Times reported on Aug. Howard is launching a $1 billion endeavor for specially-designed cryptocurrency hedge fund portfolios. Nevada currently has 110 bitcoin ATMs.

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PYMNTS

APRIL 1, 2020

On another note, a bitcoin automated teller machine (ATM) has come to Nigeria, and it’s said to be the first one in the country, BlockNewsAfrica reported. Bitcoin ATM company Blockstale brought the machine to Lagos, Nigeria’s largest city. Fourteen bitcoin ATMs were in seven different nations prior to the bitcoin ATM in Lagos.

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PYMNTS

NOVEMBER 26, 2019

And Bitstop has announced a partnership with Simon Malls to bring a fleet of Bitcoin ATMs to various shopping destinations. Our Bitstop Bitcoin ATM mall locations are at the forefront of a trend as Bitcoin and digital currencies become part of the mainstream culture.”.

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Bitcoin ATM Money Laundering Blocks 56

PYMNTS

FEBRUARY 24, 2017

Though the cryptocurrency flirted with higher numbers, bitcoin mostly settled just above or below $1,000 for the first half of the month — likely while investors waited to see how the whole Chinese exchange investigation storyline would pan out. The cryptocurrency’s maximum value, reached on Nov. machines per week.

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Bitcoin Money Laundering ATM Cryptocurrency 77