Today, we look at how Bitcoin ATMs are on the rise, and what's up with the arrest of one of Monero's former maintainers.
Today’s Top Crypto News Stories
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Bitcoin ATM Maker’s Sale Could See Crypto Payments Explode 💥
A deal to purchase Bitcoin ATM maker LibertyX could vastly increase the reach of cryptocurrency payments. NCR, a Fortune 500 enterprise technology firm and ATM manufacturer, has almost one third of the North American point-of-sale software market. This dwarf’s LibertyX’s reach of 9,500 Bitcoin ATMs and 20,000 retail stores. Read more here.
SEC Chairman Says Strong Regulation Will Benefit Crypto 💪
Securities and Exchange Commission chairman Gary Gensler said his history as an MIT cryptocurrency professor will not stop him from overseeing tough and comprehensive regulation to protect investors. He said this will be good for crypto long term, as industries rarely thrive without clear rules of the road. See the story here.
Former Monero Privacy Coin Lead Arrested in U.S. 👮
Riccardo Spagni, a longtime maintainer of Monero, was arrested in the U.S. on fraud charges that pre-date his involvement with cryptocurrency. Prosecutors want the privacy coin guru held in jail until he can be extradited to South Africa. He is accused of stealing $100,000 from an employer in 2009-2011 by submitting false client invoices. Get all the details here.
FTX Exchange Partners With Top PR Firm on NFT Marketplace 📣
Sam Bankman-Fried’s FTX cryptocurrency exchange is jumping into the NFT market. The exchange said on Twitter that it is teaming up with major PR firm Dolphin Entertainment on an NFT marketplace for major sports and entertainment brands. Dolphin has connections in film, television, music, gaming, eSports, and lifestyle industries.