The first Bitcoin OTC Teller Machine in Beijing was removed shortly after its installation, completing a test run but not signaling any lasting traction for mainstream bitcoin adoption in China.
The partnership between bitcoin ATM operator Coinme and Coinstar kiosks seems to be paying off, not just for the two companies but also for people looking to buy bitcoin, with plans for service expansion across the U.S.,
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran.
Blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular crypto exchanges Binance, Gemini, OKEx and Coinbase.
So far, the UnionBanl hasn't mentioned its intention to deploy more bitcoin ATMs in the future, but it will be monitoring the usage and performance of the ATM, which could impact what it does next.