Bitcoin ATMs
Australia's AUSTRAC Fines Cryptolink as Part of Crypto ATM Crackdown
AUSTRAC has fined Cryptolink 56,340 Australian dollars ($37,000) after identifying "weaknesses" in the company's AML/CTF compliance.
Australia's Government Proposes New Powers for AUSTRAC to Restrict Crypto ATMs
AUSTRAC said that the majority of high-value crypto ATM transactions were directly associated with scams or moving money to high-risk jurisdictions.
New Zealand Wants to Ban Crypto ATMs in Anti-Money Laundering Overhaul
The government also proposed setting an upper limit of 5,000 New Zealand dollars ($3,000) for international cash transfers.
U.S. Congressman Pitches Crypto ATMs for Federal Government Buildings
Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump's crypto push.
Bitcoin ATM Business Remained Sluggish Through Bull Market
Bitcoin Depot has booked roughly $3 billion in transactions since its inception in 2016.
North Dakota Senate Passes Crypto ATM Bill to Create Licensing Regime
North Dakota House Bill 1447 mandates that virtual currency kiosk operators obtain money transmitter licenses, utilize blockchain analytics to detect fraud, and limit individual daily transactions to $2,000.
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
Since the end of last year, the number installed worldwide has dropped 7,000, or 17%.
CEO of World's Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation
Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.
Crypto ATM Operator Bitcoin Depot's Stock Rises 12% in Stock Debut
BTM shares closed on Monday at $3.61, an increase of nearly 12% on GSRM's closing price on Friday.
Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering
The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."
