#coinsource

Coinsource doubles bitcoin ATM deployment through new PaaS offer

Coinsource, a US-based bitcoin ATM network, today announced that it has doubled its machine deployment in less than 60 days through the rollout of a new Platform as a Service (PaaS) offering. Coinsource has now expanded beyond renting spaces at brick and mortar stores and extends licensed, turnkey machines with accompanying white-glove PaaS features.

Companies can purchase licensed Coinsource…

Why Compliance Is the Biggest Team at Bitcoin ATM Startup Coinsource

Coinsource, a well-known bitcoin ATM company, purchased a booth at this year’s Consumer Electronics Show (CES) in Las Vegas. Given increased interest from the IRS in bitcoin ATMs, we were especially curious about how users reacted when Coinsource increased its know-your-customer (KYC) requirements.

“Our compliance department is actually the largest department in our entire company,”…

In the Daily: Monochrome Financing Cycle, Coinsource Cash Machine, Etoro Wallet

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In this issue of The Daily, we cover a round of funding from a Swiss start-up listing cryptographic instruments on SIX Exchange, an extension of the Coinsource ATM network using a new business practice and a new feature added to the Etoro portfolio .

Read also: Online banking Swissquote will add cryptographic custody services

Amun raises $ 4 million in seed funding

Swiss start-up Cuno…

Services With a New York state Bitlicense in hand, Coinsource is now increasing into new spaces. And with the addition of machines in 4 extra states, the cryptocurrency ATM community now operates over 200 kiosks in additional than 20 American jurisdictions. Also Read: Bitstamp to Deploy Market Surveillance to Fight Price Manipulation Empire State of…

Coinsource Expands After Receiving BitLicense

Texas-based cryptocurrency ATM network Coinsource has announced plans to expand into upstate New York, installing kiosks in Albany, Buffalo, Syracuse and Rochester. The firm has recently received the BitLicense issued by the New York State Department of Financial Services.

Coinsource CEO Sheffield Clark has stated that “we are dedicated to operating within all 50 states, and fully expect our…

New York Awards First-Ever BitLicense to Bitcoin ATM Company

Bitcoin teller machine (BTM) operator Coinsource has just become the 12th crypto company to receive a license from the New York State Department of Financial Services (NYDFS).

The firm announced approval of the so-called BitLicense on Thursday, with the firm’s general counsel Arnold Spencer noting that it was the first granted to a bitcoin ATM provider to date. The company already has 40 BTMs in…