ATLANTA, March 02, 2026 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced that it has acquired Kutt, a ...
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Bitcoin Depot launches ID checks as crypto ATM scams hit $333.5M
Bitcoin Depot has launched a new rule requiring ID checks for all transactions across its U.S. cryptocurrency ATM kiosks.
The Massachusetts Attorney General’s lawsuit is the latest in a series of state legal actions against one of the world’s largest crypto ATM operators.
Bitcoin Depot is rolling out a new requirement that users provide ID for every transaction across its network of kiosks in ...
The policy began rolling out in February 2026 and is being implemented across Bitcoin Depot’s U.S. kiosk network, further strengthening the Company’s Know Your Customer (“KYC”) standards. By requiring ...
Bitcoin was supposed to cut out the middleman. Instead, it’s become a middleman’s dream for scammers. In 2025 alone, Americans lost more than $330 million to bitcoin ATM scams, according to FBI data, ...
Bitcoin Depot will begin verifying customers’ identities each time they use its ATMs, voluntarily refining its compliance procedures.
As digital currencies gain more mainstream appeal, the kiosks can attract new customers and bring in revenue, but also ...
Bitcoin Depot, one of the largest crypto ATM operators worldwide, has announced the rollout of a real-time identity verification system across its entire ...
In recent times, these malicious actors have concentrated their efforts on crypto ATM scams. These scams involve using crypto kiosks that enable users to buy ...
A different kind of ATM is setting up shop in your local convenience store. These machines look like traditional banking kiosks, but they allow customers to buy bitcoin in cash. Bitcoin ATMs, or BTMs, ...
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