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Why bitcoin ATMs are taking over malls and gas stations across the U.S. - TL;DR CNBC

Why bitcoin ATMs are taking over malls and gas stations across the U.S.

Publishing timestamp: 2023-11-07 14:13:51


Summary

The article discusses the rise in popularity of Bitcoin ATMs, or BTMs, which allow customers to buy bitcoin in cash. It mentions that BTMs have become a popular method for sending money quickly, but also highlights concerns about their use in criminal activities. The article also mentions Bitcoin Depot as the company with the largest share of BTMs in the US and discusses how prosecutors plan to combat the use of BTMs for illegal purposes.


Sentiment: NEUTRAL

Tickers: BTC.CM=GSRM

Keywords: united statesbusiness newsgsr ii meteora acquisition corpbitcoin/usd coin metricscryptocurrencytechnology

Source: https://www.cnbc.com/2023/11/07/why-bitcoin-atms-are-taking-over-malls-and-gas-stations-across-the-us.html


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