Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus Fears

Egypt Limits Bank and ATM Withdrawals Citing Rampant Cash Outflow and Coronavirus FearsOn Sunday, the Central Bank of Egypt (CBE) announced it had instructed financial institutions in the country to put withdrawal limits in place for cash. Regional reports disclose that Egyptian residents can only withdraw 10,000 Egyptian pounds ($640) and businesses can only withdraw 50,000 pounds ($3,200). The CBE cited concerns over the covid-19 outbreak and […]

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Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic

Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During PandemicTransferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people in many countries and cryptocurrency ATMs provide a way […]

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How to Find Your Nearest Bitcoin ATM

How to Find the Nearest Bitcoin ATM to Your Location and Learn About Its FeaturesCryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM supporting […]

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Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the World

Bitcoin ATMs Grow in Number Reaching Almost 7,000 in Operation Around the WorldATMs supporting digital coins have increased parallel to the predominant trend on cryptocurrency markets since the beginning of 2020. With over 400 new devices added in January, the global total is now closing on the 7,000 mark. The sector has seen exponential growth in the past three years. Also read: Bitcoin.com Partners With Mecon Cash, […]

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Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens

Bank Closures and Withdrawal Restrictions Anger Lebanese CitizensLebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients. Regional reports disclose Lebanese bank customers often wait for hours in […]

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Cash Runs Dry at ATMs as Protests Escalate in Chile

Cash Runs Dry at ATMs as Protests Escalate in ChileThere’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs. Issues with the bank machines that don’t work coupled with rising […]

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Buying Bitcoin on the Street Is Getting Easier

Buying Bitcoin on the Street Is Getting EasierAccess to cryptocurrency, still a relatively new invention, requires some technological knowledge and computer literacy. In order to become more mainstream, however, Bitcoin will have to become more “main street” so to speak. Some crypto evangelists are finding ways to simplify the process of digital asset acquisition, making it easier for the average man or […]

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BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive

BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto ExecutiveItaly has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as BCH. Federico Pecoraro, the CEO of Chainblock, one of the first […]

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