The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.
North America's largest Bitcoin ATM operator cited a hostile regulatory environment and an 'unsustainable' business model.
With regulators cracking down on the cash-to-cryptocurrency kiosks in a bid to stop scammers, Bitcoin Depot has said that its business model is no longer viable.
Bitcoin Depot, the largest bitcoin ATM operator in North America and publicly listed on Nasdaq, has filed for Chapter 11 ...
While America is becoming increasingly cashless, physical currency still has its place. In 2025, close to 15% of consumers said they predominantly used cash for everyday transactions, according to the ...
Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...
Tri-City residents reported $2.4 million in losses to police over the last three years. Kennewick proposal would give businesses 180 days to remove kiosks. Since Spokane's kiosk ban, police have seen ...
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Why banks still depend on decades-old ATM software
Many ATMs worldwide still run on outdated software, including old Windows versions, posing cybersecurity risks. Banks are ...
Banks set limits for how much cash you can take out at an ATM, which can range from small amounts such as $500 per transaction to $5,000 per day. Cash withdrawal limits are designed to protect you in ...
Spencer Tierney is a consumer banking writer at NerdWallet. He has covered personal finance since 2013, with a focus on certificates of deposit and other banking-related topics. His work has been ...
John Carlsen has more than a decade of experience testing and reviewing home tech products, with a major focus on smart home security. He earned his BS in journalism from Utah Valley University. In ...
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