Search results for "ATM"
2026-03-23
20:52

Kentucky Crypto ATM Regulatory Bill Sparks Controversy, Hardware Wallet Reset Clause Faces Industry Opposition

Gate News reported that on March 19, a bill HB 380 in Kentucky aimed at regulating cryptocurrency ATMs sparked controversy due to newly added provisions. The provision requires hardware wallet providers to assist users in resetting access credentials, including seed phrases. Industry experts point out that this regulation conflicts with the design philosophy of non-custodial wallets and could undermine self-custody mechanisms. The bill has passed the House and is currently under Senate review, with the controversial provision still potentially subject to modification or removal.
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06:04

Global Largest Bitcoin ATM Operator Bitcoin Depot License Suspended by Connecticut

Bitcoin Depot's money transmitter license has been emergency suspended in Connecticut due to reasons including excessive fees, failure to fully refund fraudulent transactions, and non-compliance with regulatory requirements. The company's stock price has declined significantly, and internal control deficiencies are expected to be disclosed in the annual report.
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BTC1.27%
06:02

Bitcoin Depot suspends operations in Connecticut as Bitcoin ATMs face further compliance issues

Connecticut has suspended Bitcoin Depot's money transmitter license and required the company to halt its Bitcoin ATM operations due to multiple violations regarding fees and information disclosure. The company's stock price has declined, and it faces fines and compliance pressure, which may impact stricter regulatory oversight across the entire industry.
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BTC1.27%
13:30

CertiK Report: Cryptocurrency ATM Fraud Losses Reach $330 Million in 2025, AI Technology Escalates Criminal Sophistication

CertiK released a report showing that cryptocurrency ATM fraud losses in the United States reached $330 million in 2025, with a 33% increase. Fraud tactics are gradually escalating, with elderly people becoming the primary targets. AI-driven fraud has 4.5 times the profitability of traditional methods, and the threat from transnational criminal organizations continues to rise.
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05:58

AI scams escalate! Cryptocurrency ATM fraud losses may reach $333 million in 2025, with US complaints soaring by 33%

The report shows that with the use of AI and deepfake technology, cryptocurrency ATM scams in the United States are rapidly increasing, with losses expected to reach $333 million by 2025. Crypto ATMs are widely exploited due to low authentication standards, with seniors being significantly affected. The scams are diverse, and AI technology has enhanced the efficiency of fraud. Regulators have begun to pay attention and have proposed relevant legislation to strengthen protections.
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12:30

Bitcoin Depot launches the enterprise-level financial services platform ReadyBucks

Gate News Announcement: On March 10, Nasdaq-listed Bitcoin ATM operator Bitcoin Depot announced the launch of its enterprise-level financial services platform ReadyBucks, providing working capital support for small businesses, gig economy workers, and independent contractors. According to Globenewswire, ReadyBucks is currently available in multiple states across the United States, with plans to gradually expand to more regions.
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BTC1.27%
12:18
1

American Bitcoin Financial Report: Bitcoin reserves surpass 6,000 coins, with full-year 2025 revenue exceeding $180 million

The Bitcoin mining company supported by the Trump family, American Bitcoin, released its 2025 financial report, showing a Bitcoin reserve of over 6,000 coins, with annual revenue of $185.2 million. The company adopted a "scaling mining + ATM fundraising" model to increase reserves, with a hash rate deployment of approximately 25 EH/s, and owns 78,000 ASIC miners.
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BTC1.27%