FCA to Close Down Crypto ATMs in the UK

UK's Financial Conduct Authority ordered crypto enterprises in the country to cease ATM services immediately.  This order applies to all 81 crypto ATMs installed in the United Kingdom. The FCA warned that organizations failing to comply with this command promptly would face severe punishment.  According to the FCA, none of these companies have a license to offer on-ramp or off-ramp services. Thus, firms providing these cash-dispensing machines have to register with the FCA first to obtain authorization, they said in…

New Research Predicts $542.52M Global Crypto ATM Market Value by 2027

The global crypto ATM market value is at $ 18.35 million in 2019, and it has a projection to reach $ 542.52 million by 2027, a CAGR of 52.7% over the forecast period. A research expert on cryptocurrency ATMs revealed a new analysis of the 2019-2027 situation, based on in-depth analysis with industry experts' involvement and the best suppliers in the business. The Cryptocurrency ATM Market Report analyzes stakeholder opportunities across Cryptocurrency ATMs and identifies high-growth segments.  The Analysis Details…

The Complete Guide to Crypto ATMS: Here’s Everything You Should Know

Today, the number of crypto ATMs is increasing, with more countries embracing the use of cryptocurrencies. The first crypto ATM was invented in 2013, and since then, that number has gradually increased.  However, even as the numbers increase significantly, not all people know about them or even their differences from the regular ATMs. Therefore, if you are wondering what they are, keep reading, and this blog will help solve all your questions about crypto ATMs, how many they are around…