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ATM

Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

<header class=”article__header”> </header> <strong>Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, …

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Prasos Secures Payment Institution License From Finnish Watchdog

Finland-based cryptocurrency firm Prasos has secured a payment institution license via the Finnish Financial Supervisory Authority (FFSA). The news comes by way of an official announcement via its crypto exchange website on July 12. According to the announcement, Prasos is now the third crypto firm in Europe to secure a payment institution license. According to its …

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Canada: Vancouver Mayor Suggests Ban on Bitcoin ATMs

The city of Vancouver, Canada, is considering banning bitcoin (BTC) automated teller machines (ATMs) due to money laundering issues, the Next Web reported on June 5. The mayor of Vancouver, Kennedy Stewart, has reportedly suggested a complete ban on bitcoin ATMs in connection with the increasing number of money laundering cases. A police report cited …

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Bahrain Increasingly Crypto-Friendly

<strong>Bahrain has become increasingly crypto-friendly as half of the companies approved for the country’s regulatory sandbox are now either crypto exchanges or other crypto businesses including ATMs. There are currently 30 companies approved for the regulatory sandbox by the central bank.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Regulatory Sandbox Thirty …

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Darwinos Burger Joint Hosts Colombia’s Second Point of Sale and Crypto ATM

<header class=”article__header”> </header> <strong>Three months, ago news.Bitcoin.com reported on Panda Exchange launching a hybrid point-of-sale (PoS) and cryptocurrency ATM in Bogotá, Colombia. Since then, the Panda team has also helped Athena Bitcoin install a crypto ATM in Cúcuta, Colombia to serve as a crypto gateway for Venezuelans. On April 17, Panda announced the installation of …

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Cannabis, Cryptocurrency and Compliance: One Man’s Quest to Support Unbanked Businesses

<strong>Ernesto Huerto is the very embodiment of Bitcoin. As the operator of Crypto Space, a physical bitcoin exchange in Los Angeles’ San Pedro neighborhood, Huerto knows more than most about the challenges of running a cryptocurrency business while maintaining banking access and compliance. In a wide-ranging interview, the Crypto Space owner has disclosed the realities …

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Major Saudi ATM Provider Partners With Blockchain Identity Platform

Saudi automated teller machine (ATM) provider Alhamrani Universal (AU) has collaborated with blockchain identity platform ShoCard to develop a blockchain-based biometric ATM, according to a press release published on Feb. 27. The collaboration will see AU and ShoCard create a new type of an ATM combining blockchain technology and biometrics as part of a five-factor …

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Bitcoin Cash Merchant Acceptance Is Thriving in These 3 Regions

<header class=”article__header”> </header> <strong>Bitcoin Cash supporters are all about spreading adoption, and many enthusiasts are relentlessly trying to get people to try BCH and merchants to accept the cryptocurrency for payments. Right now, there are three regions in the world with a significant number of BCH merchants: Slovenia, North Queensland, and Japan, areas which continue …

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Union Bank of the Philippines Launching Cryptocurrency ATM

</header> <strong>One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.”</strong> Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls …

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