quora
Read More about fast-id page

Shufti globally launches webinr-icon - a new kind of identity solution!

Shufti globally launches - a new kind of identity solution!

Read more

The number of Bitcoin ATMs has increased to 8,000

the number of bitcoin atms

The total number of Bitcoin ATMs across the world have crossed 8,000.

According to CoinATMRadar, right now there are approximately 8,208 ATMs in 73 countries enabling users to exchange Bitcoin (BTC) and altcoins for cash. More than 6,000 of them are in the US. 

Depending on the ATM, crypto holders have the option to buy and withdraw Bitcoin Cash (BCH), Ether (ETH), Dash (DASH), Litecoin (LTC), Zcash (ZEC), Monero (XMR), Dogecoin (DOGE), Tether (USDT) and XRP.

The total number of Bitcoin ATMs (BTMs) has increased by 17% since March when there were about 7,000. This depicts a growing public demand for digital currency.

Nevertheless, a large portion of the growth was in the United States. CoinATMRadar’s data portrays that the number of BTMs in Switzerland, Austria, and the U.K. reduced in 2020, while Spain was stagnant with 71.

Related Posts

News

Europe Bolsters Fight Against Financial Crime with AMLA Formation

The European Parliament (EP) and European Union (EU) council teams have agreed to create the Euro...

Europe Bolsters Fight Against Financial Crime with AMLA Formation Explore More

News

Business Email Compromise Scam Taking a Toll on Businesses

BEC, Business Email Compromise scams are on the rise and they continue to impact businesses. Ther...

Business Email Compromise Scam Taking a Toll on Businesses Explore More

News

Google plans to conduct identity verification of advertisers

Google stated in a blog post on Thursday that it will soon require all advertisers to verify thei...

Google plans to conduct identity verification of advertisers Explore More

News

American Law Firms Building Class Suits against HSBC and Standard Chartered for Money Laundering

Labaton Sucharow and Schall Law have a record of pursuing legal claims against listed organizatio...

American Law Firms Building Class Suits against HSBC and Standard Chartered for Money Laundering Explore More

News

Canadian financial watchdog geared up for FATF compliance

The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) plans on closely regul...

Canadian financial watchdog geared up for FATF compliance Explore More

News

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit

BC has released a money laundering report that carries multiple recommendations and includes the ...

BC Money Laundering Inquiry Report Calls for New Law Enforcement Unit Explore More

News

West Midlands Lose Approximately £8 Million to Employee Fraud in 2022

Business advisors RSM UK has revealed West Midlands as a hotspot for employee fraud. The region h...

West Midlands Lose Approximately £8 Million to Employee Fraud in 2022 Explore More

News

$140 Million Stolen as Crypto Gaming Company Gets Hit by Hackers

VulcanForge is the third cryptocurrency company to be targeted by hackers in just this month, wit...

$140 Million Stolen as Crypto Gaming Company Gets Hit by Hackers Explore More

News

Australia sues Facebook for $525 billion

A lawsuit was filed against Facebook by Australia’s privacy regulator, blaming the social media p...

Australia sues Facebook for $525 billion Explore More

News

The Age Verification Software Market to Experience Tremendous Growth by 2025

The increasing number of scams in today’s virtual world needs a better verification system. Prote...

The Age Verification Software Market to Experience Tremendous Growth by 2025 Explore More

News

China Strengthens Anti-Money Laundering Rules for Financial Institutions

China has taken steps to improve financial institutions’ measures to combat money laundering by p...

China Strengthens Anti-Money Laundering Rules for Financial Institutions Explore More

News

Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens

The Department of Homeland Security (DHS) is taking back its decision to implement a policy that ...

Homeland Security Takes Back Its Plans of Facial Recognition for US Citizens Explore More

News

Italian Regulators Block Consumers from Investing in Binance

Italy has joined the list of warnings against Binance, directing citizens to avoid investing in t...

Italian Regulators Block Consumers from Investing in Binance Explore More

News

European Union Drafts Crypto Transfer Legislation to Curb Money Laundering

The European Union has introduced legislation to identify crypto transfers as part of wider anti-...

European Union Drafts Crypto Transfer Legislation to Curb Money Laundering Explore More

News

More Crypto Regulations on Their Way, Says Head of Turkish Central Bank

A  few days ago, the Turkish Central Bank imposed a complete ban on cryptocurrency payments. Now,...

More Crypto Regulations on Their Way, Says Head of Turkish Central Bank Explore More

News

Online Gaming Company Fined €386,000 for AML Failings

Online Amusement Solution Limited, a gaming company, was fined more than €386,000 by the FIAU for...

Online Gaming Company Fined €386,000 for AML Failings Explore More

News

AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations

The Anti-Money Laundering Council in the Philippines has frozen the accounts of 16 organizations ...

AMLC Freezes Assets of 16 Groups Labeled as Terrorist Organizations Explore More

News

Council of Europe Shows Support to Serbian Authorities For Combating Money Laundering

The Council of Europe stays dedicated to showing support to authorities for fighting money-launde...

Council of Europe Shows Support to Serbian Authorities For Combating Money Laundering Explore More

News

“Student” Occupation Flagged for Money Laundering in Canadian Real Estate

Son of “wanted for defrauding 60,000 investors” Chinese parents laundered millions of dollars int...

“Student” Occupation Flagged for Money Laundering in Canadian Real Estate Explore More

News

FinCEN Extends the Comment Period of Virtual Currency Regulations

FinCEN– Financial Crimes Enforcement has finally agreed to reopen the comment period of reg...

FinCEN Extends the Comment Period of Virtual Currency Regulations Explore More

News

Qatar to Develop National Strategies for Combating Financial Crimes

Qatar has developed vigorous strategies to combat expected financial crimes during the FIFA World...

Qatar to Develop National Strategies for Combating Financial Crimes Explore More

News

Saudi Central Bank Instruct Banks to Combat Financial Crimes

According to the Central Bank of Saudi Arab, the fraudulent operations are linked with the money ...

Saudi Central Bank Instruct Banks to Combat Financial Crimes Explore More

News

William Hill to Pay £19M for Social Responsibility and AML Failings

The Gambling Commission has fined William Hill Group Businesses £19 million for failing to uphold...

William Hill to Pay £19M for Social Responsibility and AML Failings Explore More

News

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK

FCA warned crypto exchange FTX due to their unauthorized operations. The financial regulator clea...

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK Explore More

News

A European Money-Laundering Network Captured by French National Gendarmerie

A money-laundering network in France was under investigation for 18 months by French National Gra...

A European Money-Laundering Network Captured by French National Gendarmerie Explore More

News

Real Estate is Becoming a Primary Target for Money Launderers in the UK

According to a government report, Luxury London homes are a new method to launder illicit funds. ...

Real Estate is Becoming a Primary Target for Money Launderers in the UK Explore More

News

NSW Gambling Laws Increase Risks of Money Laundering, Says the State’s Crime Commission

The New South Wales Crime Commission says that some of the state’s gambling laws have increased t...

NSW Gambling Laws Increase Risks of Money Laundering, Says the State’s Crime Commission Explore More

News

FinCEN Launches Regulatory Process For AML Regulation on Antiquities

The ANPRM discusses how antiquities trade can be exploited by money launderers and terrorist fina...

FinCEN Launches Regulatory Process For AML Regulation on Antiquities Explore More

News

Facebook Built a Facial Recognition App To Identify Employees

Facebook is again under fire for its controversial facial recognition technology. The tool used f...

Facebook Built a Facial Recognition App To Identify Employees Explore More

News

Brazil’s financial regulator launches regulatory blockchain

The Banco Central do Brasil (BC) recently declared the launching of a new blockchain platform cal...

Brazil’s financial regulator launches regulatory blockchain Explore More

News

HM Treasury Consults UK Government on AML Supervision Reforms

HM Treasury announced that a consultation would be conducted concerning AML/CFT supervision refor...

HM Treasury Consults UK Government on AML Supervision Reforms Explore More

News

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK

FCA warned crypto exchange FTX due to their unauthorized operations. The financial regulator clea...

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK Explore More

News

FCA Alerts Crypto Firms to prepare for Advertising Rule Change

The UK Financial Watchdog has alerted all Crypto firms to be prepared for advertising rule change...

FCA Alerts Crypto Firms to prepare for Advertising Rule Change Explore More

News

Homeland Security Wants Facial Recognition For All Entering or Leaving US

The federal government is considering changing airport security in a major way. Facial recognitio...

Homeland Security Wants Facial Recognition For All Entering or Leaving US Explore More

News

FATF to Shorten Its Fifth Round of Mutual Evaluation to Assess Countries’ AML Regimes

The Financial Action Task Force has announced that it will shorten its fifth round of mutual eval...

FATF to Shorten Its Fifth Round of Mutual Evaluation to Assess Countries’ AML Regimes Explore More

News

Victor Fredung Warns Businesses about the Rising Cybercrimes During Halloween

Halloween is one of the most awaited festivals throughout the year. While people plan different t...

Victor Fredung Warns Businesses about the Rising Cybercrimes During Halloween Explore More

News

FATF Publishes Two New Updates on Global ML/TF Risks

FATF, the international group that makes global Anti-Money Laundering and Countering Terrorism Fi...

FATF Publishes Two New Updates on Global ML/TF Risks Explore More

News

CAMLMAC and UAE Financial Intelligence Unit Join Hands to Fight FinCrime

UAE and China have signed an MoU on August 03, 2021 to combat money laundering and terror financi...

CAMLMAC and UAE Financial Intelligence Unit Join Hands to Fight FinCrime Explore More

News

RBI to Strengthen KYC Guidelines for the Crypto Industry

IndiaTech has suggested enhancing the KYC guidelines and obligating the cryptocurrency industry t...

RBI to Strengthen KYC Guidelines for the Crypto Industry Explore More

News

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK

FCA warned crypto exchange FTX due to their unauthorized operations. The financial regulator clea...

FCA Says Bankman-Fried FTX Cryptocurrency Exchange Not Regulated in the UK Explore More

News

Art Dealers Urged to Intensify Regulatory Actions Against Money Launderers

The Department of Justice is establishing new rules to combat financial crimes via the art market...

Art Dealers Urged to Intensify Regulatory Actions Against Money Launderers Explore More

News

IRS And Foreign Tax Enforcers Warn of Increasing Money Laundering Risks in NFTs

The IRS and foreign tax enforcers have issued a warning of the increasing risks of money launderi...

IRS And Foreign Tax Enforcers Warn of Increasing Money Laundering Risks in NFTs Explore More

News

HKMA Issues Guide for Regtech Adoption in Customer Monitoring

The second guide published by the HKMA will allow banks to test their internal measures and infra...

HKMA Issues Guide for Regtech Adoption in Customer Monitoring Explore More

News

e-KYC services introduced in Malaysia by InstaREM

Residents and expatriates in Malaysia can now make overseas payments safely and regularly through...

e-KYC services introduced in Malaysia by InstaREM Explore More

News

FIAU Fines Maltese Investment Fund €300,000 for ‘disregard’ of AML Rules

The FIAU said that Southern Cross Sicav showed ‘disregard’ for its anti-money laundering obligati...

FIAU Fines Maltese Investment Fund €300,000 for ‘disregard’ of AML Rules Explore More

News

Labor Party Victim of a Second Cyber-Attack

Britain’s Labour Party has informed that it had been a victim of a large-scale cyberattack on its...

Labor Party Victim of a Second Cyber-Attack Explore More

News

Singaporean Banks Enhance Security to Combat Financial Crime

The Monetary Authority of Singapore (MAS) stated that the country’s banks are enhancing security ...

Singaporean Banks Enhance Security to Combat Financial Crime Explore More

News

UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes

The UAE Central Bank has issued guidance for financial institutes to fight money laundering, terr...

UAE Central Bank: AML Guidelines Issued for Licensed Financial Institutes Explore More

News

Interpol Operation Intercepts Financial Cybercrime Worth $83 Million

Due to an exponential rise in online financial crimes in the Asia Pacific region, an INTERPOL-coo...

Interpol Operation Intercepts Financial Cybercrime Worth $83 Million Explore More

News

FIU Highlights the Risks of Money Laundering in Estonia Due to VASPs

FIU has highlighted in its annual report the risk of money laundering and terrorist financing in ...

FIU Highlights the Risks of Money Laundering in Estonia Due to VASPs Explore More

News

IMF Advocates CBDC and Global Crypto Regulations for Financial Stability

The new policies advocated by the IMF seek to minimize financial risks associated with the global...

IMF Advocates CBDC and Global Crypto Regulations for Financial Stability Explore More

News

US Shows Conflicts with China at First Financial Meeting

In a recent financial working group meeting, the US Treasury raised disagreements with China, whe...

US Shows Conflicts with China at First Financial Meeting Explore More

News

SRA Receives Fewer AML Violation Reports from England & Wales Despite Sanctions Drive

Anti Money Laundering (AML) violations in England & Wales reported to the Solicitors Regulati...

SRA Receives Fewer AML Violation Reports from England & Wales Despite Sanctions Drive Explore More

News

US Accuses Crypto Firms for Serving as Money Laundering Hub

The US Treasury’s department targeted the crypto mixers to combat internationally operated financ...

US Accuses Crypto Firms for Serving as Money Laundering Hub Explore More

News

California university pays a million-dollar crypto ransom

As per reports, the University of California reportedly paid a huge ransom of $1.14 million in cr...

California university pays a million-dollar crypto ransom Explore More

News

FINMA, SFC, and MAS Fine Multiple Financial Institutions Over $1.5 Billion For Money Laundering Activities

FINMA, SFC, and MAS fined multiple financial institutions over $1.5 billion for not complying wit...

FINMA, SFC, and MAS Fine Multiple Financial Institutions Over $1.5 Billion For Money Laundering Activities Explore More

News

FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings

The Financial Conduct Authority (FCA) has imposed a £5,829,900 financial penalty on Ghana Interna...

FCA Fines Ghana International Bank Over £5 million for Money Laundering Failings Explore More

News

EU Lawmakers to Decide Ban on Large Crypto Transfers from Self-Hosted Wallets

European Union lawmakers will vote on limiting crypto transfers from self-hosted wallets on March...

EU Lawmakers to Decide Ban on Large Crypto Transfers from Self-Hosted Wallets Explore More

News

Nigerian Parliament Strengthens AML/CTF Laws for Real Estate Industry

Nigerian real estate regulatory authority to mandate businesses to comply with AML/CTF compliance...

Nigerian Parliament Strengthens AML/CTF Laws for Real Estate Industry Explore More

News

$4.4 Billion Worth Cryptocurrency Stolen in 2019

The crypto analytics firm, CipherTrace released its Q3 2019 Cryptocurrency Anti-Money Laundering ...

$4.4 Billion Worth Cryptocurrency Stolen in 2019 Explore More

News

Spanish Regulatory Authorities Take Action Against Illegal Crypto Promotion on Social Media

The Spanish National Securities Market Commission (CNMV) is preparing rigid measures to prevent i...

Spanish Regulatory Authorities Take Action Against Illegal Crypto Promotion on Social Media Explore More

News

FATF Finalizes Key Working Areas in its Fifth Plenary Meeting

FATF’s fifth plenary meeting consisting of 206 members of the Global Network and Observer organiz...

FATF Finalizes Key Working Areas in its Fifth Plenary Meeting Explore More

News

FBI Warns About the Emerging Fraud Related to COVID-19 Vaccine

The Office of Inspector General, U.S Department of Health and Human Services, FBI, and Centers fo...

FBI Warns About the Emerging Fraud Related to COVID-19 Vaccine Explore More

News

Ireland embraces the EU’s Anti-Money Laundering (AML) directive

EU’s anti-money laundering directive has been actively embraced by countries all across the globe...

Ireland embraces the EU’s Anti-Money Laundering (AML) directive Explore More

News

FCA Issues Report on Progress of Professional Body AML Supervision (OPBAS)

The report has highlighted key areas of improvement, including effective implementation of a risk...

FCA Issues Report on Progress of Professional Body AML Supervision (OPBAS) Explore More

News

Netflix users targetted by scammers during COVID-19 outbreak

According to a security company, Scammers are increasingly using the likeness of online streaming...

Netflix users targetted by scammers during COVID-19 outbreak Explore More

News

Taiwan and Singapore Strengthen AML Regulations for Virtual Asset Providers and Banks

Taiwan and Singapore enhance Anti-Money Laundering (AML) regulations for virtual asset service pr...

Taiwan and Singapore Strengthen AML Regulations for Virtual Asset Providers and Banks Explore More

News

Scotland Police Give Warnings Due to the Rise in Cybercrime

Highland Police is taking a major initiative to warn the businesses of a spike in cybercrime and ...

Scotland Police Give Warnings Due to the Rise in Cybercrime Explore More

News

SuperCare Health Faces Lawsuit for Having “Incompetent Security Measures” to Stop Data Breach

Plaintiff filed a lawsuit against SuperCare Health in the US Central District of California and a...

SuperCare Health Faces Lawsuit for Having “Incompetent Security Measures” to Stop Data Breach Explore More

News

Money Laundering and Drug Trafficking Account for Illicit Flow of US$ 1 Billion into Jamaica Annually

Reports have highlighted that money laundering, drug trafficking, and cybercrimes account for the...

Money Laundering and Drug Trafficking Account for Illicit Flow of US$ 1 Billion into Jamaica Annually Explore More

News

15 Billion Stolen Logins From 100,000 Breaches – Reveals New Dark Web Audit

15 billion – a figure published demonstrates the stolen logins came about through the 18 mo...

15 Billion Stolen Logins From 100,000 Breaches – Reveals New Dark Web Audit Explore More

News

South Korean Government to Enforce Cryptocurrency Transaction Monitoring in H1 2023

The South Korean government is looking to implement crypto oversight by tracking transactions to ...

South Korean Government to Enforce Cryptocurrency Transaction Monitoring in H1 2023 Explore More

Take the next steps to better security.

Contact us

Get in touch with our experts. We'll help you find the perfect solution for your compliance and security needs.

Contact us

Request demo

Get free access to our platform and try our products today.

Get started