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Tag Archives: ATMs

Since 2016, Bitcoin ATMs are Doubling Every Year – BlockPublisher

The subreddits of different cryptocurrencies possessed various stories. On one hand, the mass adoption of bitcoin (BTC) explained by different users and on the other hand, EOS replacing and surpassing Litecoin (LTC). Bitcoin (BTC) Bitcoin (BTC) volumes in Venezuela hit record highs after regulation of cryptocurrency was taken care of by the …

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Bank Launches Bitcoin and Crypto ATMs, XRP Ledger Hits 1.5 Million Accounts, and Tron’s New Airdrop Begins

  Crypto ATM Adoption One of the biggest banks in the Philippines is introducing cryptocurrency to its customers. UnionBank is installing crypto ATMs that allow customers to purchase and sell digital currencies for cash. According to local news outlet Philstar,  “In the bank’s continued quest to cater to the evolving needs …

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A Major Philippine Bank Launched Crypto ATMs and it May Fuel Massive Adoption

According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to …

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Are Bitcoin ATMs Driving Adoption, Criminality, or Consumerism?

The number of Bitcoin ATMs around the world continues to grow each year. For many, this signals a surging demand for real-world locations to trade Bitcoin – a sure sign of growing adoption, at least on paper. Thanks to exorbitant fees, however, it is difficult to picture folks using the …

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While Bitcoin Value Has Dipped, Business For Local Company That Makes Bitcoin ATMs Is Booming – CBS Miami

Follow CBSMIAMI.COM: Facebook | Twitter MIAMI (CBSMiami) – A year ago, one bitcoin would have cost you roughly $11,000. Today it fetches a little more than $3,000. Despite the 70% drop, a local bitcoin business says they are booming. They make bitcoin ATMs. Could it be the next generation of banking or money …

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Crypto Adoption In Russia: 52 Crypto ATMs With Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Monero (XMR) And More Cryptos

After the bearish 2018, 2019 is expected to be the year of crypto mass adoption worldwide. Not only that the crypto market is expected to recover, but cryptos are predicted to become much easier to hold and use this year. There have been a lot of moves in the crypto …

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Bitcoin [BTC] ATMs tallied at 52 in Russia; cryptocurrencies yet to get green signal

Despite the absence of a legal framework to validate the cryptocurrency dealings in Russia, the country has been reported to have at least 52 operating Bitcoin ATM/Teller Machines. According to the data on the leading Bitcoin ATM tracking site, CoinATMRadar, the capital city of Moscow holds the highest number of BATMS at 9 followed by …

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Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

News At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC …

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100 Bitcoin ATMs Are ‘Hidden in Plain Sight’ Around Philadelphia

PHILADELPHIA (KYW Newsradio) — Looking for a place to make trades in bitcoins?  Well, there are about 100 of them across Philadelphia — bitcoin ATMs. Bitcoin is what is called a cryptocurrency. “It’s an electronic form of mobile transacting that can be done online without the use of a third party,” explained Sean …

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Bitcoin [BTC]: ATMs can now be used to purchase cryptocurrency via debit card in New York

A few days after New York’s Department of Financial Services (DFS) approved and granted licenses to Robinhood Crypto, citizens of New York will now be able to use their debit cards to purchase Bitcoin [BTC] at select ATMs across the city. This service to the citizens of the city will …

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