All articles tagged with #crypto atm
Minnesota is banning cryptocurrency ATMs after scammers used the machines to drain nearly $1 million from residents; the ban takes effect August 1, 2026, with kiosks to be removed by year-end. Officials say crypto kiosks enable fast, fear-driven payments that are hard to reverse, and the move follows nationwide scam losses tied to crypto kiosks.
Bitcoin Depot, the world's largest crypto ATM operator, saw its stock rise nearly 12% in its Nasdaq debut following a merger with a special purpose acquisition company (SPAC). The Atlanta-based company, trading under the ticker "BTM," is the first crypto ATM operator to list on a major U.S. stock market. With over 6,000 machines and a significant market share, Bitcoin Depot plans to consolidate the highly fragmented crypto ATM market and expand its installations with major retailers.