Archives for: March 11th, 2022

UK orders immediate removal of all unlicensed cryptocurrency ATMs

Written by: ( March 11, 2022 )

The Financial Conduct Authority (FCA), the UK’s central financial regulator, has issued a verdict regarding the presence of cryptocurrency ATMs in the country. Many in the industry were shocked to learn that the regulator issued a strong “shut down, or face further actions” order to ATM operators, outlining their intention to contact the companies to […]

100 cryptocurrency ATMs are coming to Spain through Bitnovo, Eurocoin deal

Written by: ( January 19, 2022 )

Bitnovo, a company specialized in the sale of cryptocurrencies, and Eurocoin have signed an agreement that will allow it to contribute to the growth of ATM networks that operate with cryptocurrencies. The agreement will allow the installation of more than 100 cryptocurrency ATMs in Spain, placing it as the leading cryptocurrency ATM country in Europe. […]

Global cryptocurrency ATMs on the rise

Written by: ( July 27, 2021 )

As cryptocurrency adoption continues to increase, so does the global crypto ATM network. Recent data from Coin ATM Radar’s shows that the number of ATMs has seen a spike this year compared to last year, with 71.73% more tellers being installed in 2021. This has pulled up the number from 13,993 on January 1, to […]