Opinion Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Compliance, Credibility, and Consumer Trust Opinion Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Compliance, Credibility, and Consumer Trust

Compliance, Credibility, and Consumer Trust in the New Age of Crypto ATMs

2025/12/15 01:00
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Compliance, Credibility, and Consumer Trust in the New Age of Crypto ATMs

Bitcoin Depot’s Scott Buchanan argues that crypto ATM operators must continually strengthen their safeguards and make things safer and more transparent for users — protective actions that not only benefit individual crypto users but also bolster the market’s integrity and support its long-term growth.

By Scott Buchanan|Edited by Cheyenne Ligon
Dec 14, 2025, 5:00 p.m.

Walk into a gas station, grocery store, or convenience store today, and you might see a small orange kiosk glowing in the corner. What started as a curiosity has quietly become one of the most familiar in-person touchpoints in the digital economy: the crypto ATM.

With close to 40,000 crypto ATMs operating worldwide, this technology has become a staple for the crypto-curious and enthusiasts alike, helping spark mainstream interest in a digital asset once considered esoteric and unapproachable. As a physical bridge between traditional fiat currency and the digital asset world, these kiosks have made crypto more accessible, tangible, and user-friendly for those who prefer to transact in person with physical cash.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the CoinDesk Headlines Newsletter today. See all newsletters
Sign me up

As President of the largest Bitcoin ATM operator, I’ve witnessed this transformation up close. The rapid proliferation of crypto ATMs has made it easier than ever for people to buy Bitcoin with cash and engage with the digital economy, but it has also attracted bad actors seeking to exploit users unfamiliar with how the machines work.

As demand grows — along with the growing concern over scams involving crypto kiosks — so does the need for clear rules, oversight, and a shared commitment to responsibility.

For this nascent industry to thrive, consumers need to trust it. Whether sending money to a relative or buying Bitcoin for the first time, they should feel confident that the machine they’re using is safe and secure. Building that trust takes effort from everyone involved.

ATM operators, regulators, and industry partners all play a role in building that confidence through education and accountability. The rise in proposed regulations through various cities across the US such as mandatory scam warnings, daily transaction limits, to name a few, highlights the need for a cohesive framework that evolves with the industry’s continued growth. As policymakers work to strike a balance between fostering innovation and protecting consumers, regulators have emphasized that crypto ATM activities should be subject to additional regulatory oversight.

What this means in practice is the creation of frameworks that allow the broader crypto sector to grow while also protecting individual consumers. For crypto ATM operators, this involves meeting heightened compliance expectations: following diligent registration and licensing protocols, implementing robust transaction and blockchain monitoring systems, and implementing thorough AML and KYC procedures, to name a few.

Compliance practices must be proactive, consistent, and transparent. Consumers shouldn’t have to understand the complexities of crypto regulation to feel safe using a machine, that responsibility rests with us. By demonstrating that compliance is embedded in everything we do, we strengthen trust in the system to help ensure the industry remains resilient, credible, and protected.

Protecting consumers starts with industry-wide responsibility. Operators have a duty to make these transactions not only secure but transparent and easy to understand. At Bitcoin Depot, we’ve focused on tightening verification and improving clarity at every step of the user experience. That includes implementing ID verification for all consumers.

The rise in scams targeting older adults is also a serious industry concern, and addressing them requires practical, human-centered safeguards, including additional screening for adults over 60, daily transaction limits, and clear on-screen scam warnings that stop scam attempts in real time.

Just as important is education. When users understand how these machines work, they’re better equipped to spot and avoid fraudulent activity. Public awareness campaigns, visible signage at kiosks, and around-the-clock customer support not only encourage trust but also empower people to use this technology confidently and safely.

It’s critical that crypto ATM operators continually strengthen their safeguards and improve the user experience, making it safer and more transparent. These protective actions not only benefit individual crypto users but also bolster the market’s integrity and support its long-term growth.

The secret to crypto’s longevity lies not in daily price moves, institutional buzz, or even favorable policies from Capitol Hill. Its longevity will be determined by consumers, but it’s up to the industry to enact the changes needed to help it thrive.

Compliance, transparency, and change are not barriers to innovation. They are the foundation that gives it staying power. These qualities don’t suggest an industry in trouble. They reflect one that is maturing, learning, and adapting to meet the expectations of its users as crypto becomes part of everyday finance.

The future of crypto will not be defined by technology alone, but by the discipline and integrity of those who build it. The companies that lead the next phase will be the ones willing to hold themselves to higher standards.

Bitcoin ATMs

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

MSCI Isn't Wrong to Be Cautious on DATs

As leading index provider MSCI considers excluding digital asset treasuries (DATs) from its suite of indexes, it’s worth considering the risk profile of these investment vehicles to determine if they truly meet these benchmarks, says Nic Puckrin, co-founder of Coin Bureau.

Read full story
Latest Crypto News

YO Labs Raises $10M to Scale Cross-Chain Crypto Yield Optimization Protocol

Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts

From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug

Bitcoin Drops Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events

Spanish Authorities Bust Crypto Kidnapping Ring After Deadly Attack

These Three Metrics Show Bitcoin Found Strong Support Near $80,000

Top Stories

Bitcoin Drops Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events

Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts

Spanish Authorities Bust Crypto Kidnapping Ring After Deadly Attack

From Wall Street to the World Cup: How Football Became Crypto’s Biggest Gateway Drug

YO Labs Raises $10M to Scale Cross-Chain Crypto Yield Optimization Protocol

Tether’s Bid to Buy Italian Soccer Club Juventus Rejected by Majority Shareholder Exor

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.