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Fintech
The crypto ATM business is somehow still booming
...Further reading:— The rise of crypto laundries: how criminals cash out of bitcoin (FT)...
November 8, 2023
News in-depthFTX Trading Ltd
How FTX used Hong Kong cash-for-crypto shop to turbocharge growth
...Two people familiar with Genesis Block operations described the company, which also ran a network of bitcoin ATMs across Asia, as being integrated into FTX and Alameda....
December 5, 2022
FT Live
Crypto and Digital Assets Summit
The next wave of institutional adoption
Tuesday, 6 May 2025London, UK
Cryptofinance
Ransomware spoils crypto industry clean up Premium content
...“We don’t get to see someone feeding dirty money into a bitcoin ATM, or handing a bitcoin wallet to a scammer or a drug dealer,” Aidan Larkin, co-founder and chief executive at Asset Reality, told me....
July 14, 2023
The Weekend Essay
The untold history of today’s Russian-speaking hackers
...The escrow officer would test a few of the cards randomly in ATMs around the world using “carder” friends....
August 5, 2023
LexCryptocurrencies
Bitcoin Depot: crypto ATM taps Spac cash Premium content
...Bitcoin Depot is a bitcoin ATM operator that allows users to buy bitcoin or other digital currencies with cash at over 7,000 kiosks across North America....
August 25, 2022
Markets InsightOusmène Jacques Mandeng
CBDCs are set to transform how payments are made
...Banknotes are a physical token or bearer instrument and rely on the cash infrastructure including ATMs and cash registers....
January 26, 2023
FT Live
Crypto and Digital Assets Summit Asia
Transforming mainstream finance
Thursday, 5 DecemberSingapore
Cryptofinance
US court provides clarity on crypto rules with OpenSea verdict Premium content
...The UK’s Financial Conduct Authority continues its hawk-eyed clampdown on illegally operated crypto ATMs....
May 5, 2023
Cryptocurrencies
Singapore to tighten retail access to cryptocurrencies
...Bitcoin ATMs have been dismantled and public transport advertisements removed....
August 29, 2022
Bitcoin
Bitcoin has no future as a payments network, says FTX chief
...But recent research by academics in the US found that Bitcoin has scarcely been used for daily payments in El Salvador, despite the rollout of bitcoin ATMs and other measures to encourage its use....
May 16, 2022
Argentina
Crypto adoption spreads in Argentina even as central bank tightens rules
...“It’s being used day to day as a form of exchange,” Liberman said, the café’s Athena Bitcoin ATM positioned behind him. “Before it [crypto] was seen almost exclusively as a way to invest.”...
May 18, 2022
FT Alphaville
Further reading
...Either way it’s probably not great news for Killah’s crypto token and ATM installation company, Cream Capital, which appears to have been in hiatus since 2018. Elsewhere on Monday . . ....
May 9, 2022
US tax
Further reading
...The Internal Revenue Service has barely had time to expand its headcount, but the tax man is already coming after Bitcoin maxi Michael Saylor....
September 1, 2022
UnhedgedRobert Armstrong
What is a ‘softish’ landing? Premium content
...fees (the details are murky) Rollout of 200 bitcoin ATMs in El Salvador and 50 more in America A major marketing push on social and traditional media Legal tender status, so firms are required to accept...
May 10, 2022
News in-depthCryptocurrencies
Crypto collapse reverberates widely among black American investors
...The dollar price of bitcoin rose 9,300 per cent in the five years to its peak in November....
July 5, 2022
Izabella Kaminska
So long Izzy, we’ll miss you
...Osborne deals with the pirate threat (2014) Gideon is pictured next to a Bitcoin ATM. Cue over 2,000 words on how the Roman Empire dealt with the pirate threat to its grain supplies....
January 28, 2022
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthCryptocurrencies
IMF warns against using crypto as national currency ahead of El Salvador launch
...Bitcoin ATM operator Athena is reportedly setting up 13 machines in shopping centres....
August 3, 2021
News in-depthBitcoin
El Salvador becomes a crypto laboratory with bitcoin gamble
...Across the country, Chivo ATMs will allow consumers to buy bitcoin or convert it into cash with the government absorbing commission costs. The move has excited cryptocurrency advocates abroad....
September 6, 2021
#techFT
Twitter embraces crypto Premium content
...Bitcoin ATMs are being used to launder moneyThey are meant to allow customers to easily buy bitcoin and other cryptocurrencies using cash....
November 10, 2021
News in-depthNikkei Asia
Singapore clamps down on ads for ‘highly risky’ crypto trading
...They are also discouraged from providing physical ATMs for dispensing crypto tokens....
January 25, 2022
LexCarbon footprint
Carbon counter: environmental cost of cash pales against crypto
...The main cost for both is the electricity required to power both ATMs and card readers that are rarely switched off. The bulk of cash’s higher cost comes from transportation, usually by diesel vans....
July 17, 2021
News in-depthCyber Security
The rise of crypto laundries: how criminals cash out of bitcoin
...In April, the Department of Justice arrested and charged a dual Russian-Swedish national who operated a prolific mixing service called Bitcoin Fog, moving some $335m in bitcoin over the past decade....
May 28, 2021
FT Financial Literacy and Inclusion Campaign
Crypto in the classroom: Lucy Kellaway on the kids’ new craze
...Others buy the coin at ATMs or exchange Amazon gift cards for bitcoin. Ibrahim is 15 and is at the sensible end of the spectrum....
November 19, 2021
FT AlphavilleJemima Kelly
Oh no, now Deloitte with the crypto nonsense
...More than 2,300 US businesses accept bitcoin, according to one estimate from late 2020, and that doesn’t include bitcoin ATMs....
May 7, 2021
Lunch with the FT
Crypto investor Vignesh Sundaresan: ‘It’s the NFT that changed the world’
...He presses on instead, telling me about a bitcoin ATM prototype he built in 2014, which ultimately grew into a business, Bitaccess....
June 4, 2021
The Big Read
Virtual control: the agenda behind China’s new digital currency
...In trials so far, users have been able to withdraw e-yuan via ATM machines on to their smartphones’ e-wallets....
February 17, 2021

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