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Bitcoin of America indicted for operating unlicensed kiosks
Bitcoin of America, a Bitcoin technology firm, along with three of its executives, has been indicted for allegedly operating more than 50 unlicensed crypto kiosks in Ohio that knowingly benefited from victims of cryptocurrency scams. The firm is facing charges of money laundering, conspiracy, and other crimes connected to the operation of the kiosks, which authorities believe have been operating and evading regulatory safeguards and financial compliance requirements since 2018.
Coinme Introduces 6 Additional Crypto Instant Trading by Cash
Besides Bitcoin, users can purchase Chainlink, Dogecoin, Ethereum, Litecoin, Lumens, and Polygon at Coinme-enabled kiosks.
Hong Kong Sees Stable Number of Crypto Kiosks, but Popularity Remains Questionable
In Asia, Hong Kong has a stable number of cryptocurrency kiosks, which are also called automated teller machines (ATMs). However, their popularity remains questionable.