Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America

According to the Connecticut Department of Banking, commissioner Jorge Perez revealed that the regulator has reached a settlement with the crypto automated teller machine (ATM) and kiosk operator Bitcoin of America. As part of the settlement, Bitcoin of America will pay $86,000 in restitution, and the firm will be required to cease operations in Connecticut. [...]

The post Connecticut Banking Regulator Fines Crypto ATM Operator Bitcoin of America appeared first on Crypto Breaking News.

View Details

Bitcoin of America to Pay $86,000 in Settlement with Connecticut Department of Banking

Bitcoin of America, an Over the Counter (OTC) cryptocurrency exchange and a national operator of Bitcoin Kiosks, has been ordered to refund $86,000 to consumers in Connecticut, according to a recent announcement by the state's Banking Commissioner, Jorge Perez. (Read More)

View Details

Have Bitcoin ATMs Become Money Laundering Tools?

Investigation on Bitcoin of America brought back global attention to crypto tellers and concerns about how are they used.

Continue reading at DailyCoin.

View Details

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. (Read More)

View Details

Bitcoin of America Launches Utility Bills Payments With BTC

The feature was recently introduced by Bitcoin of America, a reputable Bitcoin ATM operator. Bitcoin of America (BOA), one of the largest U.S.-based Bitcoin ATM (BTM) operators, recently announced the launch of its BillPay service, which will allow users conveniently make utility bill payments with Bitcoin through its ATM kiosks. This makes BOA the first […]

The post Bitcoin of America Launches Utility Bills Payments With BTC first appeared on The Crypto Basic.

View Details

Shiba Inu (SHIB) Is Now Available at ‘Bitcoin of America’ Crypto ATMs

Bitcoin of America, a leading BTC ATM operator in the United States, has announced the integration of Shiba Inu (SHIB) into its platform

Continue reading Shiba Inu (SHIB) Is Now Available at ‘Bitcoin of America’ Crypto ATMs at DailyCoin.com.

View Details

Bitcoin of America Working with Georgia Tech’s Michael Devoe to Promote Cryptocurrency

Bitcoin of America is a well-known virtual currency exchange, registered as a money services business with the United States Department of Treasury.

Continue reading Bitcoin of America Working with Georgia Tech’s Michael Devoe to Promote Cryptocurrency at DailyCoin.com.

View Details