Five years ago no one knew what a bitcoin ATM kiosk was, or how it would work. Today there are over 4,100 crypto ATMs in 75 countries around the globe and that number is expanding quickly. Nearly all of the machines support bitcoin (BTC), and more are beginning to support bitcoin cash (BCH) and other […]
Bitcoin Predictions for 2019
Ever since bitcoin came into existence in 2009, it has steadily increased in value, acceptance, and usage. Well, maybe “steady” isn’t quite the word, since there have definitely been ups and downs in this volatile space. But in 2009, investor Kristoffer Koch bought 5,000 bitcoins for $27. Doing the math, that made each bitcoin worth […]
Is Bitcoin Legal?
As with most innovative new technologies, there are many misconceptions and flat out inaccuracies surrounding the digital cryptocurrency bitcoin. Many don’t really know what it is, let alone how it works or if it’s legal. Information about bitcoin is all over the internet and news media, but much of it is opinion or is just […]
Opening the Gates of the Digital Economy
While barriers are growing for the unbanked and underbanked in day-to-day life, they’re shrinking in the world of cryptocurrency. In this article, Coinsource CEO Sheffield Clark gives an overview of the digital economy. We need to admit it: Blockchain and cryptocurrency have a learning curve. Even a cursory explanation of the technology and its underpinnings […]
Leading Bitcoin Operator Deploys Machines Throughout Upstate New York
Coinsource expands NY footprint following successful attainment of NYDFS Virtual Currency License New York, NY – November 27, 2018 – Coinsource, the world’s leader in Bitcoin ATMs, today announced a significant expansion into Upstate New York. The move comes after the recent approval of a virtual currency license by the New York State Department of […]
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What’s Next for Coinsource?
The financial industry, the crypto-sphere, and bitcoin watchers everywhere have been buzzing about the latest news about Coinsource, the world’s largest bitcoin ATM operator. According to an interview with Coinsource general counsel, Arnold Spencer, The Block told readers, “Coinsource, the bitcoin ATM operator, made headlines last week for snagging the holy grail of bitcoin licenses, […]
Fidelity Investments Bullish on Bitcoin for 2019
In the nine years since Bitcoin was first created by the mysterious “Satoshi Nakamoto” there have been many enthusiastic supporters and skeptical detractors weighing in on the digital currency. When the attitude towards digital currency in the traditional world of finance trends positive, people who previously had a “wait and see” position begin embracing it. […]