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Tag: U.S. Department of Treasury

Major Decision? Global Coalition of 40 Nations Unite to Deny Ransom Payments to Cybercriminals

An alliance of forty nations has united under the leadership of the United States to combat the growing threat of cybercrime. In a bold...

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California’s FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions

The California Fair Political Practices Commission (FPPC) has made significant updates to its campaign disclosure manuals, including the introduction of detailed rules for cryptocurrency...

U.S. Senate Bill Calls for Strict KYC and AML Regulations for DeFi

If nobody controls a DeFi service, anyone who invests more than $25 million in developing the project will be responsible for these obligations,...

Consumer Caution: Payment Apps and the Risk of Uninsured Deposits

In the evolving landscape of financial services, nonbank payment app companies are revealing significant gaps in deposit insurance coverage compared to traditional bank and...

Stagflation is now the concern for the US: MacroSlate Weekly

The U.S. economy grew at an annualized pace of 1.1% in Q1 2023, which came in slower than expectations and was forecasted to come...

CoinFund Regulatory Principles

Chris PerkinsFollowApr 20·7 min readApril 2023When it comes to regulating the cryptocurrency industry, the adage “same activity, same risk, same rules” has emerged as...

US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting

The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial...

BitMEX Co-founder Arthur Hayes Projects $1 Million Valuation for Bitcoin

BitMEX co-founder Arthur Hayes has predicted that Bitcoin will reach $1 million. The crypto veteran believes that the Treasury Department’s policies will pump BTC....

Addresses Linked to Euler Finance Exploit and Ronin Network Hack Interact

SNEAK PEEK Addresses linked to the recent Euler Finance exploit and last year’s Axie Infinity’s Ronin network hack have interacted. An entity that exploited...

Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader

A Republican House leader says Congress will shape the future of Bitcoin (BTC) and cryptocurrency in the US – not the White House. House majority...

Here’s How Darknet Markets Scrambled for Users After Hydra’s Collapse: Report 

Blockchain analytics firm Chainalysis has published a new report detailing the dynamics of darknet markets and fraud shops after the former giant Hydra...

Privacy Protocol Aztec Raises $100M

VCs Make Big Bet on VPN Player as Regulatory Risk Rises In a deal that highlights the risks investors may face as crypto privacy clashes...

Bitcoin of America Adds Dogecoin to their ATM Machines

Bitcoin of America Adds Dogecoin to their ATM Machines

Bitcoin of America, a crypto ATM registered as a money services business with the U.S. Department of Treasury, has added Dogecoin to its Bitcoin of America ATM locations, according to a press release. Crypto enthusiasts can now buy the meme-based cryptocurrency over 1800 Bitcoin ATM machines (BTMs) across 31 states in the United States. The move resulted in Dogecoin suddenly skyrocketing above 11.1% from the past 24 hours. The news is out! #Dogecoin is now available at Bitcoin of America BTMs 📍 pic.twitter.com/rK7uRRQA7E — Bitcoin of America (@BTCofAmerica) March 23, 2022 Combining Traditional ATM with a Crypto Machine Earlier last year, the crypto ATM even added Ethereum in addition to bitcoin and Litecoin. In May of last year, Bitcoin of America announced its “Universal Kiosk” which combines the capabilities of a traditional ATM with a cryptocurrency ATM. It also offers three main functions which include the traditional ATM feature where customers can dispense cash from a debit card; the ability to buy cryptocurrency with cash; and the ability to sell crypto in return for cash. In addition to providing crypto ATM services, the company also offers programs for store owners looking to earn extra income by taking care of their host locations and providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.

The post Bitcoin of America Adds Dogecoin to their ATM Machines appeared first on Cryptoknowmics-Crypto News and Media Platform.

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