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 was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
Bitcoin Depot, once the largest operator of crypto ATMs in North America, filed for bankruptcy on Monday, marking the latest ...
You can buy Bitcoin and other cryptocurrencies with cash or credit from one of the thousands of Bitcoin ATMs around the world. Many Bitcoin ATMs also enable you to ...
North America's largest Bitcoin ATM operator cited a hostile regulatory environment and an 'unsustainable' business model.