Australia has launched a task force to crack down on cryptocurrency ATM operators failing to adhere to the country’s anti-money laundering (AML) regulations, as announced by the Australian Transaction Reports and Analysis Centre (AUSTRAC) on December 6. In its statement, AUSTRAC warned crypto ATM providers of stringent enforcement actions and ...
The global crypto ATM market, valued at $87.35 million in 2023, is projected to grow to $2.58 billion by 2032, according to a new report from Research and Markets. This growth is attributed to the rising acceptance of cryptocurrencies and supportive regulatory policies worldwide. Size of Global Crypto ATM market ...
CoinFlip, a leading U.S.-based crypto ATM provider, is expanding its operations to Mexico, marking its eighth international market. In a recent press release, the company announced that it had installed over 20 cryptocurrency kiosks, commonly known as Bitcoin ATMs, across Mexico City. These crypto ATMs, which provide a secure and ...
