The Struggle to Buy Bitcoin in Crypto-Starved Botswana

Bitcoin: The Struggle of Buying One in Crypto-Moderate BotswanaThe rise of Bitcoin has coincided with improvements in technology allowing anyone to trade online. Meanwhile, in landlocked Botswana, geographical constraints have done little to prevent BTC from being traded locally, even in the absence of an established locally-operated cryptocurrency exchange. News.Bitcoin.com spoke to a number of bitcoiners in the southern African nation to determine […]

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PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees

Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero FeesAs cryptocurrencies continue to influence the financial service industry and provide users with endless possibilities, bitcoin ATMs have proven to play a critical role in the cryptocurrency adoption process. Bitcoin ATMs convert fiat currency into digital cash, ensuring a seamless transaction experience.

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In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro WalletIn this edition of The Daily we cover a funding round by a Swiss startup that lists crypto instruments on the SIX exchange, an expansion of the Coinsource ATM network using a new business practice, and a new feature added to the Etoro wallet. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Amun […]

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Startup Company Sets up Bitcoin ATM in Botswana

Company Sets up Bitcoin ATM in BotswanaExpress Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned […]

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How to Use Cryptocurrency to Send Money Abroad

A Beginner's Guide To Getting Started With Sending Money Abroad Using CryptoThe global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U.S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. As the people in Venezuela are discovering, this can be […]

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High Cost Slows Down Bitcoin ATM Growth in Africa

High Cost, Lack of Human Feel Slows Down Bitcoin ATM Growth in AfricaThere are more than 4,000 bitcoin automated teller machines (ATMs) in the world, but only just about 10 (or 0.2 percent) of these are in Africa. In a continent widely touted as the next big growth region for cryptocurrency, could it be that the story of Africa’s growth isn’t as real as many “Africa rising” […]

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Cottonwood Becomes Second Cryptocurrency ATM Operator to Receive Bitlicense

U.S.-based cryptocurrency ATM operator Cottonwood Vending has been granted regulatory approval to operate in the state of New York. As such, Cottonwood has become the second cryptocurrency ATM operator to receive a Bitlicense by the New York State Department of Financial Services (NYDFS). Also Read: Coincheck Registers 1.7M New Users Since Resuming Operations  Cottonwood Granted Virtual […]

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Bitcoin ATMs Continue to Spread Across the Globe

There are now over 4,000 bitcoin ATMs throughout the world, global statistics provided by Coinatmradar.com show. Nearly all of them support bitcoin (BTC) and a growing number are supporting bitcoin cash (BCH). Most of the machines, also known as BATMs, can be found in the U.S., though their presence is steadily growing, not only in developed European […]

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Crypto ATM Network Coinsource Expands Into Upstate New York

Crypto ATM Network Coinsource Expands Into Upstate New YorkWith a New York state Bitlicense in hand, Coinsource is now expanding into new areas. And with the addition of machines in four more states, the cryptocurrency ATM network now operates over 200 kiosks in more than 20 American jurisdictions. Also Read: Bitstamp to Deploy Market Surveillance to Fight Price Manipulation Empire State of Mind […]

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