The number of new crypto ATMs around the world continues to grow despite the recent crypto market collapse, according to data. Crypto teller locator Coin ATM Radar presented the data in a report published Monday, Dec. 10. Coin ATM Radar’s information shows that in November, different ATM manufacturers opened 209 tellers around the world, and 68 of the previously installed ones closed. The net growth of 141 ATMs is approximately the same as in October, when the total amount reached 150. The United States remains the dominant country with 70 new machines installed; at year’s end, there are currently 2,243 …

Finding easy ways to spend cryptocurrency can be nothing short of a nightmare — and even when you discover a platform where your digital assets can be used for purchasing everyday goods and services, you’re normally faced with delays and high transaction fees. A Sydney-based startup is seeking to change the status quo by offering a crypto debit card which enables the likes of Bitcoin and Ethereum to be used at any business or ATM across Australia. Unlike other preloaded cards, BTC.com.au says its card is free to acquire, and consumers don’t have to pay any fees when they top …

German holding company Bitcoin Group SE has acquired a 100 percent stake in investment bank Tremmel Wertpapierhandelsbank GmbH, Cointelegraph auf Deutsch reports today, Nov. 13. Bitcoin Group SE, based in Herford, Germany, operates what is reportedly the country’s only regulated crypto exchange, Bitcoin Deutschland AG, also referred to by its domain, Bitcoin.de. Upon acquisition of the banking institution, which according to its website focuses on securities trading, the crypto holding will in turn obtain the use of Tremmel’s banking license. As a press release from Bitcoin Group SE states, the banking license will allow the holding to “significantly expand” its …

Earlier in October, the developers of India’s first Bitcoin (BTC) “ATM” were arrested in the city of Bangalore under criminal charges, in a case that has shaken the local startup community and cast a spotlight on the lack of clarity surrounding “the law of the land” in regard to crypto. While the official Freedom of Information Report (FIR), detailing the charges against the men, is not in the public domain, the mainstream media has reported that they were booked under serious criminal charges, including criminal conspiracy, cheating, and forgery. From the gravity of the alleged charges, you’d be forgiven for …

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week US SEC Releases Memorandum From Meeting Over Bitcoin ETF Proposal The U.S. Securities and Exchange Commission has published a memorandum from a meeting about the Bitcoin exchange-traded-fund (ETF) proposal from VanEck and SolidX that included EC Commissioner Elad L. Roisman and his counsels Dean Conway, Matthew Estabrook, and Christina Thomas, along with representatives …

From bartering to blockchain, the world of money – and the way we transfer it – has never stood still. Indeed, even the assets we prize have changed. Although it might be nice to have some vegetables in your fridge, using it as a form of currency has probably never crossed your mind. It’s easy to take financial systems for granted. But every advancement over the centuries has caused some major disruption and a lot of getting used to. With each new system came imperfections and pitfalls – and in some ways, this is good. Cryptocurrencies hold a lot of …

One of the most hotly debated topics around cryptocurrencies is what people can actually purchase with Bitcoin and its altcoin brethren. With Bitcoin’s 10th birthday just around the corner, it's worth taking a look at some of the most outrageous and expensive things people have been able to purchase with BTC. We have certainly come a long way since the infamous Bitcoin pizza incident, where Laszlo Hanyecz ordered two pizzas from Papa John’s for 10,000 BTC back in 2010. It goes to show how much progress has been made in eight years — especially when you take a look at …

The crypto automated trading machine (ATM) market will grow to $114.5 million by 2023, according a report published Sept. 4 on ResearchandMarkets.com. Researchers expect the cryptocurrency ATM market to grow from $16.3 million in 2018 to $144.5 million by 2023, citing a compound annual growth rate (CAGR) of 54.7 percent from 2018 to 2023. According to the study, significant growth during the forecast period will be from two-way ATMs, which let customers change digital currency into fiat and vise-versa using a single machine. The study says that the machines’ functionality is the key driver of two-way crypto ATMs’ popularity among …

The Canadian government-funded research program Industrial Research Assistance Program (IRAP) is now hosting its own blockchain explorer, according to an official statement on Aug. 20. The IRAP, managed by the National Research Council of Canada (NRC), has announced that the project has implemented the blockchain-based app on InterPlanetary File System (IPFS), a protocol and network that is designed to enable peer-to-peer storing and sharing of data on a distributed ledger. According to an article published on Newswire, the IPFS blockchain browser has been implemented via Catena Blockchain Suite, a product provided by BitAccess. With its new initiative, IRAP plans to …

Tokyo-based security software manufacturer Trend Micro has found Bitcoin (BTC) automated teller machine (ATM) malware available for purchase online, according to a blog post published August 7. In the blog post, Trend Micro cites an advertisement posted by an “apparently established and respected” user on a darknet forum. For the price of $25,000, criminals could purchase Bitcoin ATM malware accompanied by a ready-to-use card with EMV and near-field communication (NFC) capabilities. EMV chips were originally developed by leading credit card providers to store data on integrated circuits rather than magnetic stripes, while NFC enables two electronic devices to wirelessly exchange …

The recent approval of Genesis Global Trading’s BitLicense application has shone fresh light on New York State’s relationship with the cryptocurrency industry. Although New York is historically a business-friendly center and international financial hub, many industry players have criticized the regulatory requirements enforced by the New York State Department of Financial Services (DFS) through the BitLicense since its release date in 2015. Most of these criticisms were confirmed in a round table held earlier this year by New York State senators Jesse Hamilton and David Carlucci, who invited cryptocurrency companies to raise their concerns about the BitLicense. Stakeholders reiterated that …

BitAccess, the popular Bitcoin ATM manufacturer, has enabled customers to buy Bitcoin via debit card or cash in Canada by implementing Bitcoin purchases at over 6,000 locations in Canada. BitAccess’ well-established competitor, LibertyX, has 19,000 retail locations south of the border, in the US. Flexepin technology BitAccess’ new retail locations will use Flexepin technology, which involves buying a receipt-like gift voucher with a debit card or cash, and then entering the code printed on it into your BitAccess account, which will then credit the BTC amount to your wallet. This service is crucial to those privacy-orientated customers who do not …