Illegal crypto ATM network busted in UK, two under investigation
U.K. authorities have arrested two individuals and seized multiple crypto ATMs in connection with an investigation into an unregistered cryptocurrency…
Tag: ATM
Crypto ATM scams run rampant in Australia, scammers target older victims
Crypto ATM scams are becoming a major problem in Australia, with the latest case costing victims $2.5 million. Scammers are…
Bitmine Immersion (BMNR) Plunges on $2B ATM Offering
Shares of Bitmine Immersion Technologies (BMNR), the ether treasury strategy firm helmed by Fundstrat’s Thomas Lee, slid 20% Thursday, extending…
New Zealand Says Crypto ATM Ban Aims to Close Money Laundering Loophole
The New Zealand government has announced it is banning crypto ATMs as part of its efforts to enhance anti-money laundering…
Bitcoin ATM Giant Hit With $300K Penalty
Coinme, a bitcoin ATM operator, has been penalized by California regulators for breaking new digital asset kiosk laws, leading to…
Crypto ATM Use by Seniors Raises Red Flags—AUSTRAC Tightens Rules
Australia’s financial intelligence agency, AUSTRAC, is tightening regulations on crypto ATMs due to concerns over scams and fraud. New restrictions…
Bitcoin ATM Operator CoinFlip Explores Potential $1B Sale Amid Crypto M&A Surge: BBG
CoinFlip, a Chicago-based operator of more than 5,500 cryptocurrency ATMs globally, is exploring a potential sale as merger and acquisition…
Australia AUSTRAC Cracks Down on Crypto ATM Providers as Scammers Target the Elderly
Australia’s anti-money laundering regulator, AUSTRAC, enacted a series of measures for crypto ATM providers to clamp down on scammers using…
Japan’s Top Banks Said to Mull Joint ATM Operation to Cut Costs
MUFG Bank Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank Ltd. are considering jointly operating automated teller machines to reduce…
Crypto ATM operators in Australia hit with cash limits and tougher compliance checks
Australia has introduced new operating conditions and cash transaction limits for crypto ATM providers to curb scams and enhance anti-money…