Search results for "ATM"
2026-04-13
12:01

Bitcoin Bancorp has launched a licensed Bitcoin ATM deployment in Southern California, with the first batch of machines rolling out in Los Angeles

Bitcoin Bancorp launched a licensed Bitcoin ATM network in Southern California on April 9, with the first batch of machines already installed in Los Angeles, marking a new phase of retail expansion in the United States. The company’s accelerated expansion strategy is significant, and it is expected that the industry’s size will reach $7.68 billion by 2034.
More
BTC-1.01%
08:48

FBI report: Cryptocurrency scams caused losses of $11.4 billion, with seniors becoming the largest group of victims

A 2026 FBI report shows that cryptocurrency scams continue to grow, with losses reaching $11.37B in 2025, and people age 60 and older are the primary victims. Investment fraud and cryptocurrency ATM scams are especially prominent, with the highest losses in California. Despite increased law enforcement efforts, the risk continues to rise, and greater security awareness is needed.
More
20:52

Kentucky Crypto ATM Regulatory Bill Sparks Controversy, Hardware Wallet Reset Clause Faces Industry Opposition

Gate News reported that on March 19, a bill HB 380 in Kentucky aimed at regulating cryptocurrency ATMs sparked controversy due to newly added provisions. The provision requires hardware wallet providers to assist users in resetting access credentials, including seed phrases. Industry experts point out that this regulation conflicts with the design philosophy of non-custodial wallets and could undermine self-custody mechanisms. The bill has passed the House and is currently under Senate review, with the controversial provision still potentially subject to modification or removal.
More
08:12

FBI Warns of Criminal Networks Impersonating Law Enforcement, Using Cryptocurrency ATMs for Fraud Scams

Gate News reports that on March 19, the Federal Bureau of Investigation (FBI) issued a warning stating that criminal networks are exploiting cryptocurrency ATMs to conduct fraud schemes. Scammers impersonate law enforcement personnel and use false legal threats to lure victims into transferring funds through cryptocurrency ATMs. The FBI reminds the public to remain vigilant, noting that law enforcement will never request citizens to use cryptocurrency ATMs for transfers or to pay fines via phone or other means.
More