In today’s edition of Crypto Daily News, we’ll cover Barclays’ denial of any form of cryptocurrency projects, the number of Bitcoin (BTC) ATMs currently distributed around the world, and Ethereum Classic’s status on Coinbase Pro.
Crypto Daily News: August 7th, 2018
Barclays’ Crypto Denial
Large UK-based bank Barclays has just denied that it is working on any cryptocurrency products. Business Insider reported[1] yesterday that two of its employees via LinkedIn have listed crypto-related duties on their profiles.
Both Matthieu Jobbe Duval[2] and Chris Tyrer[3] have digital assets in their titles of work, but the bank still denies its inter-workings. Chris’s title says that he is ‘Head of Digital Assets Project’ at Barclays Investment Bank. Matthieu doesn’t have a profile picture, but his title says he is in ‘Digital Assets Trading.’
A representative from Barclays told Cointelegraph that the bank has “no plans for a crypto trading desk.”[4]
Over 3,500 Bitcoin ATMs Around the Globe
This week, Coinatmradar.com[5] announced that there are now more than 3,500 Bitcoin (BTC) ATM machines around the globe. Nearly 75% of them reside within North America, but Europe has gained some ground and currently holds over 20% of the world’s Bitcoin ATMs.
Currently, Bitcoin ATMs are placed in liquor stores, coffee shops, fast food restaurants, bars, movie theatres, and shopping malls. Just a year and a half ago we celebrated reaching over 1,000 ATMs, and it seems that it is not slowing down anytime soon.
On average, there are nine Bitcoin ATMs being installed a day. General Bytes and Genesis Coin make up over half of all the installations.
