Tag: Bitcoin ATM

Bitcoin Depot Shuts Down Several ATMs due to Coronavirus Crisis

The coronavirus crisis affects many different businesses and industries. Even Bitcoin ATM operators cannot escape this problematic trend, as Bitcoin Depot is shutting its machines temporarily. The world as people knew it has perhaps changed forever since the coronavirus crisis. Coronavirus Spoils Bitcoin Depot’s Momentum Several facts of everyday life may never return to who they were, depending on how long this pandemic will continue to wreak havoc. Until the …
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The IRS Will Shift its Focus to Users and Operators of Bitcoin ATMs and Kiosks

In a new statement, the IRS confirms it will continue to focus on cryptocurrency activities. Particularly those individuals and companies operating Bitcoin ATMs and Kiosks may see some intervention pretty soon.  As the IRS continues to target cryptocurrency users, they are doing so in a deliberate manner. Bitcoin ATMs may Facilitate Tax Evasion First, they want after traders of Bitcoin and altcoins who might not have reported their taxes properly. …
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Top 9 US States With the Most Bitcoin ATMs

No one can deny the number of Bitcoin ATMs continues to grow by leaps and bounds.  Over 4,700 of these teller machines can be found all over the world, with the vast majority of them located in the United States. The following US States all have the most of these Bitcoin ATMs at the time of writing, although it seems likely to assume there will be some further changes down …
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Athena Bitcoin Integrates Bitcoin Cash Support for All Its ATMs

Cryptocurrencies have been of great interest to companies and service providers alike. In particular, companies dabbling in the Bitcoin ATM business will be making a lot of improvements in the future, including integrating support for altcoins. Most recently, Athena Bitcoin, a well-known operator in the US, added Bitcoin Cash support to their machines. Athena Bitcoin Makes an Interesting Decision No one will deny Bitcoin Cash has made a big impact on the …
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