News with the tag "crypto atm"

Tasmania's crypto ATM craze has led to a $1.6M scam, with scammers directing victims to use crypto ATMs after banks block suspicious transactions, prompting regulatory measures.

The number of Bitcoin ATMs worldwide increased by over 1,000 in the first half of 2025, reflecting significant growth in crypto infrastructure, with notable contributions from the U.S., Australia, Canada, and Europe.

New Zealand's government plans to ban cryptocurrency ATMs and set a $3,000 limit on international cash transfers as part of an anti-money laundering and counter-terrorism financing overhaul.

New Zealand is banning crypto ATMs to curb illicit cash flows, citing concerns over anonymous transactions and money laundering, with enforcement set for December 2025.