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Along the boot there are 71 branches to change cash into cryptocurrencies. Installations grew between 2018 and 2019. The Wired map

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There are 69 ATMs for bitcoin in Italy, 71 if we consider that there are a couple of them in two locations. And they are spread fairly evenly throughout the country. These are automated teller machines (ATMs) that allow you to exchange digital currency for cash. These machines, very useful for bringing people closer to the use of cryptocurrencies, can however lend themselves to suspicious money laundering operations, as Wired told in an investigation resulting from some reports received on WiredLeaks, the reporting platform that protects the anonymity of sources. Especially in Italy, where there is a lack of sector controls and clear rules.

To estimate the size of the phenomenon of atm for bitcoin in our country, Wired used data from Coin Atm Radar, a platform that monitors the spread of these equipments. They arrived in Italy in 2014, but they really started to take hold at the beginning of 2018.

body.isDesktop .tableauPlaceholder {height: auto! important;} body.isDesktop .tableauWrapper iframe {height: auto! important ;;}. tableauWrapper> p {line-height: 0; margin: 0! important ;} The graph shows the increase, over time, of ATMs to change cryptocurrencies in Italy. The first installation dates back to March 2014. After that, until the autumn of 2017 there were never more than ten. From that moment the number began to grow, doubling in April 2018 and exceeding 50 at the end of 2019.



The devices are concentrated in large cities or in strategic points , such as the shopping centers in the hinterland municipalities. Or in a city like Livigno (Sondrio) which enjoys the status of a duty-free area, an attraction for tourists alongside the ski slopes. But, this is the element to underline, they are distributed fairly evenly on the national territory.

body.isDesktop .tableauPlaceholder {height: auto! Important;} body.isDesktop .tableauWrapper iframe {height: auto! Important ;;}. tableauWrapper> p {line-height: 0; margin: 0! important;} In addition to shopping malls, high traffic areas and therefore obviously interesting for any economic activity, there are several devices inside shops of electronic cigarettes, but also of coworking spaces.

Today in Italy there are no implementing decrees relating to a 2019 regulation that requires operators of these services to register in a special register. A void that risks favoring those who want to operate in a gray area, competing with healthy entrepreneurs.

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Bitcoin Cryptocurrencies Finance Fintech Digital payments WiredLeaks globalData.fldTopic = "Bitcoin , Cryptocurrencies, Finance, Fintech, Digital payments, WiredLeaks "

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