ATM Coin in the general news has seen a variety of updates and news flashes. Primarily, crypto-based ATMs have grown in number with
expanded multi-coin access and appearances in unconventional locations such as Costco stores. Legislation is catching up with the growth, introducing protective measures against fraud and providing regulatory schemas, e.g. Wisconsin introducing consumer protection laws, and a US senator proposing a Crypto ATM Fraud Prevention Act. UK, Australian authorities, and US states have adopted a stricter stance on crypto ATMs; specifically, the UK seized seven ATMs while Australian and several US states tightened regulations. Some service providers, like Bitstop, have included Ethereum, Dogecoin and Ripple among ATM services; however, the risk of data breaches exists, with thousands of their customers' data exposed in 2024. Amidst these developments, Bitcoin ATM operator CoinFlip is reportedly exploring a potential sale worth $1 billion. Also, the ATM operator Bitstop spent $740M to boost its Bitcoin reserves amid risk warnings. Unfortunately, scams remain a critical issue faced by the industry—leading to ATM bans in regions like New Zealand and Spokane. Finally, ICOs continue, with Bitcoin Depot's data breach affected 27,000 customers and Bullet Blockchain partnering with IPSI for licensing and expansion.
ATM Coin News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Mon, 21 Jul 2025 22:53:14 GMT -
Rating 1
- Innovation -8
- Information 3
- Rumor 2
