At least for now, crypto in Puerto Rico is less about doing business than about education.
Crypto kiosk company Bitcoin Depot plans to hit “thousands” of locations with 700 units already installed.
The U.S. leads the world in bitcoin ATMs, and the number is growing rapidly.
The money transfer company will debut cash-for-bitcoin trades at 12,000 locations after linking up with Coinme.
Users can now purchase bitcoin using cash at select Winn Dixie, Fresco y Mas, Harveys and other grocery outlets throughout the state.
State regulation of crypto ATMs is poor and federal laws aren't much better, the commission said in a report.
The stock jumped by more than 13% after news that Blue Ridge would let customers buy bitcoin through its ATMs.
Charlottesville’s Blue Ridge Bank is letting cardholders purchase and redeem bitcoin at 19 ATMs.
Coinme-powered bitcoin ATMs have sold 650% more bitcoins this year than in 2019.
The number of bitcoin ATMs across the globe has surged amid a coronavirus-induced shift toward contactless payments.
While Elon Musk doesn't seem sure, LibertyX claims it has installed three bitcoin ATMs at the Tesla Gigafactory in Nevada.
Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.
Coinstar, the coin counting kiosk maker hosting 3,500 Coinme bitcoin ATMs, is considering doubling that count after a surge in usage amid the COVID-19 pandemic.
Bitcoin ATM networks are simultaneously growing and retracting due to coronavirus precautions.
Crypto ATM startup CoinFlip has added Stellar Lumens (XLM) to its network of 450 machines.