The move comes as Australians continue to reduce their usage of cash and bank branches, but has sparked fears that the death of cash is near. ANZ, one of Australia’s “Big Four” banks, will cease facilitating withdrawals and deposits from a number of its Australian branches as it looks to push its customers toward using…
421 ViewsStablecoin issuer Tether will make USDT available at 24,000 ATMs in Brazil starting Nov. 3. The mutual conversion of Tether and Brazilian reals will be managed by the local crypto services provider SmartPay and the ATMs’ owner TecBan. On Oct. 20, Tether announced it will enable the conversion of USDT to Brazilian reals through an…
457 ViewsBritain’s Financial Conduct Authority (FCA) has warned operators of crypto ATMs in the UK to shut down their machines, claiming it illegal. The financial watchdog says that it hasn’t granted any of the crypto firms registered with it the permission to operate ATM services. Government regulators are concerned about money laundering using crypto ATMs. The…
469 ViewsWalmart, the world’s largest company by revenue, enables customers to buy Bitcoin at dozens of its U.S. stores. The retail giant is offering Bitcoin through 200 of its Coinstar ATMs in partnership with crypto firm Coinme. This service can be extended if Bitcoin value and consumption continue to rise. Coinstar has more than 20,000 ATMs…
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