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BlockchaINVEST • January 7 - March 11, 2019

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Tag: Bitcoin ATMs

Coinsource, Inc. Granted Virtual Currency License by New York Regulators

Category: Bitcoin, Business, Finance, News, Regulation

Coinsource, Inc. Granted Virtual Currency License by New York Regulators

Coinsource, Inc., a leading bitcoin teller machine (BTM) operator, has become the first of such firms in the world to be granted the infamous New York BitLicense, according to a press release by the New York State Department of Financial Services (DFS) on November 1, 2018. Coinsource Gets DFS Greenlight Coinsource, a BTM operator that handles 40 bitcoin kiosks in…

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India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody 

Category: Bitcoin, Business, Crime, News, Regulation

India’s First Cryptocurrency ATM Confiscated by the Police, Unocoin Co-founder in Custody 

The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being “illegal” as it was set up without any government approvals, The Times of India reports October 24, 2018. Unocoin Co-Founder in Custody Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23,…

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First Bitcoin ATM Installed in Liverpool

Category: Bitcoin, Business, Finance, News

First Bitcoin ATM Installed in Liverpool

Acting as a boon for the crypto aficionados of Liverpool, a U.K.-based digital currency ATM operator, AlphaVend, has established the city’s first bitcoin ATM in Liverpool. Located at Herman Vapes, an E-juice center, the accomplishment is looked forward to providing convenience to digital currency lovers and beginners in the field. Bitcoin Dispenser for Liverpudlians Purchasing bitcoin may come off as…

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New Bitcoin ATMs Deployed in Washington DC and Zimbabwe

Category: Bitcoin, Business, Finance, News

New Bitcoin ATMs Deployed in Washington DC and Zimbabwe

Coinsource, a bitcoin teller machine (BTM) network, announced on April 12, 2018, a deployment of 20 BTMs in the Washington, D.C. metropolitan area. The bitcoin ATM network will have a total of 182 Coinsource machines in 18 states. Zimbabwean cryptocurrency exchange Golix will also be installing a BTM. Unlike Coinsource, Golix’s BTM will be the first in Zimbabwe. “We are…

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Pakistani Suspect Arrested in UAE’s First Bitcoin Scam

Category: Bitcoin, News

Pakistani Suspect Arrested in UAE’s First Bitcoin Scam

The Criminal Investigation Department (CID) of Sharjah police arrested a suspect in the first ever reported UAE Bitcoin fraud. The perpetrator managed an alleged two million Dirham ($680,625) worth of bitcoin in the scam. Transaction Confusion The Sharjah Police received a report from an Indian citizen claiming to have purchased bitcoin from a Pakistani national also living in the UAE….

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Bitcoin ATM Adoption Slow and Steady in Illinois

Category: Bitcoin, Blockchain, Commentary, News, Tech

Bitcoin ATM Adoption Slow and Steady in Illinois

Bitcoin ATMs are beginning to appear more and more bars and other venues in Fox Valley, allowing patrons to buy bitcoin or exchange their BTC to fiat. Adoption Trends in Illinois According to the Chicago Tribune, bars, gas stations, local shops and public centers in Elgin, Aurora and far away Fox valley are all supporting the revolution by letting Bitcoin…

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Cointed’s Token Sale has Commenced: Get to Know about Bitcoin ATM’s

Category: ICO News

Cointed’s Token Sale has Commenced: Get to Know about Bitcoin ATM’s

The growth of cryptocurrency has revolutionized every aspect of the market including exchange for trading, wallets to store currency and ATMs to transfer, withdraw crypto funds and so on. Breaking down the Bitcoin ATM It is an internet integrated machine to withdraw, transfer or exchange cash for bitcoin or vice versa. Bitcoin ATMs have different types and processes. Vending machines…

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