Polygon Eyes Bitcoin ATM Provider Coinme Acquisition for $100M to $125M: Report
Polygon is reportedly close to acquiring Bitcoin ATM provider Coinme for $100M-$125M, expanding its real-world crypto adoption strategy.
Polygon is reportedly close to acquiring Bitcoin ATM provider Coinme for $100M-$125M, expanding its real-world crypto adoption strategy.
The FBI has warned that crypto scams are on the rise, with scammers using Bitcoin ATMs to steal over $333 million from Americans in just one year.
US regulators are tightening controls on Bitcoin ATMs due to significant fraud losses, with over $330 million lost to scams. Measures similar to those in Australia are expected to be implemented to enhance consumer protection and reduce criminal activity.
Texas is poised to become a crypto hub with the planned deployment of over 200 Bitcoin ATMs by Bitcoin Bancorp, starting in early 2026, reflecting its growing appeal as a crypto-friendly state.