As a cryptocurrency enthusiast, investor, and expert, I've seen my fair share of scams targeting unsuspecting investors. The market value of cryptocurrencies has reached an astounding $1.16 trillion as of this writing, demonstrating their explosive growth in...

Introduction The rapid growth of the cryptocurrency sector and the widespread adoption of virtual currencies have created fertile ground for con artists. Social media has become a breeding ground for these crypto scams, with fraudsters leveraging various tactics to...

Opportunities Owning a Bitcoin ATM Bitcoin ATMs are internet-dependent kiosks allowing users to purchase cryptocurrencies—often Bitcoin—for cash. They have come a long way from being merely present to popping up in more than 30,000 locations in the U.S. alone. Many...

Catching Scams before they Happen Cryptocurrencies and the blockchain are newer technologies that serve as a decentralized currency system, a way to transfer assets, verify ownership, and much more. While the rise of cryptocurrencies and blockchain technology serve as...

It’s not news that most people in the tech industry believe that blockchain technology is the future of our society and can revolutionize business practices and interactions. When the internet was first created, it was hard to imagine it morphing into platforms like...

On Thursday May 12th, Governor Ron DeSantis signed legislation that defines virtual currency, which will ease state financial regulations and clarify state law.   This new legislation will come into effect on January 1st, 2023, and will upend a court ruling that took...

Gavin Newsom, California’s Governor, has signed an executive order to facilitate California agencies and federal government officials to create regulations for cryptocurrency. This is huge news for businesses and tech investors in California who have been waiting for...

Starting a Money Services Business (MSB) can be an intimidating process. There are a number of things an owner must do to get their MSB operational, and also stay compliant with the federal and state regulations. On top of that, many banks will not work with an MSB,...

Last week Manhattan District Attorney Alvin Bragg Jr. announced that Robert Taylor, a Bitcoin ATM operator of over 40 machines in New York, has been indicted for running his operation illegally and marketing it to criminals.  It was disclosed that between 2017 and...

In the FBI’s 2021 Internet Crime Report, there were more than 1,250 reports of scams stemming from Crypto ATMs accounting for nearly $30 million lost. This is a small percentage of the total cryptocurrency scams that took place in 2021.  In response to this, The...

60% of the worlds Bitcoin ATMs are operated in the United States. However, if you’re looking to operate a Bitcoin ATM business there is a lot more to it than just buying the machine and plugging it in. As a Bitcoin ATM operator, your business has to stay compliant...

In recent months, Florida legislators have voted to clarify the state’s position on cryptocurrency sales. This new legislation will allow crypto assets to be bought and sold between two parties in Florida without the fear of regulation repercussions. With this vote,...