Finnish Firm Transforms Web Kiosks into Bitcoin ATMs
Bitcoin ATMs are on the march across the globe, with machines recently being launched in Dublin and London. In addition to the well-known manufacturers like Robocoin and Lamassu, however, other companies are trying to hop on the ATM bandwagon, including one Finnish company that's taking a slightly different approach. Deltacom Finland Oy, founded in 2001, is a family business based in Helsinki. The small company was started by father and son team Timo and Mika Reinikainen in 2001 and operates web kiosks around Finland. Now, though, they're converting them to enable bitcoin purchases under a....
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In a press release yesterday, the federal agency stated that crypto kiosks, or cryptocurrency ATMs, played a major role in the increasing crimes. The United States GAO (Government Accountability Office) blames crypto kiosks for increasing drug trafficking and human trafficking. Their reason, however, was that cryptocurrency ATMs aren’t as restricted as crypto exchanges, making their transactions harder to track. The GAO projects that it can be more difficult to curtail illegal transactions as crypto kiosks are becoming more and more popular in the U.S. and worldwide. Related Reading |....
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