coinme

🚀 Polygon is heading towards a stronger future!

Polygon has announced its plans to acquire Coinme, the company specializing in operating Bitcoin ATMs and related services.
💰 The deal is expected to be valued between 100–125 million dollars, a major step reflecting Polygon's ambition to expand its presence in the cryptocurrency world in a direct and tangible way.

Why is this news important?

🌐 Expanding access to Bitcoin: ATMs make using Bitcoin easier and faster for everyone.

🚀 Strengthening Polygon's position in the global digital market.

💡 New innovations and services that we may see soon within the cryptocurrency ecosystem.

This move is not just a financial investment, but a vision for a future that is more convenient and transparent in the world of cryptocurrencies.

📢 What do you think? Could this acquisition be a real turning point in the Bitcoin world?
Share your thoughts in the comments!
$POL
$BTC

#Polygon #Bitcoin #CryptoNews #Coinme #Blockchain

Has anyone in the Chinese community noticed that @0xPolygon acquired @Coinme and @0xsequence on January 13?

Sequence was previously focused on blockchain games.

It seems that these two acquisitions are aimed at obtaining a payment license in the United States, and after the acquisition, Polygon's payment will offer:

→ Compliant fund transfers covering 48 states in the U.S.
→ Providing fiat ↔ cryptocurrency deposit and withdrawal channels
→ 50,000 offline/online exchange points for converting fiat to cryptocurrency in the U.S.
→ Convenient user access based on wallet infrastructure
→ One-click cross-chain cryptocurrency trading

All functions will be vertically integrated into the Polygon Open Money technology stack.

#sequence
#Polygon
#Coinme

#Bitcoin ATM giant was fined $300,000. After an investigation, the California Department of Financial Protection and Innovation (DFPI) found that #Coinme violated the Digital Financial Assets Law (DFAL) and the California Consumer Financial Protection Law (CCFPL) by allowing customers to conduct transactions exceeding the established daily limit of $1,000 and failing to include the name of the exchange on transaction receipts. As a result, Coinme must pay $51,700 in restitution to certain California consumers and an administrative fine of $300,000. Of this fine, $51,700 will be credited as restitution, leaving $248,300 to be paid in three installments: $48,300 within 30 days, $100,000 within 60 days, and another $100,000 within 90 days from the effective date of the order. Coinme must also implement changes to its policies, submit compliance reports every 60 days for a year, and has agreed to cease the specified violations. It waived its right to a hearing and accepted the terms without admitting liability. $BTC

🔘 #Polygon becomes a regulated payment platform under U.S. laws.

📜 The network will operate legally in 48 states, inheriting the money transmission license from #Coinme .

#أعلنت Polygon Labs on its acquisition of American companies #Coinme and #Sequence 🇺🇸

With a settlement exceeding $250 million#USDT

In a strategic initiative aimed at establishing a regulatory-compliant digital payments infrastructure within the United States, highlighting a strong commitment to adopting organized, scalable, and encrypted payment solutions.

Polygon Labs is targeting a $100M raise to expand into stablecoin payments

#PolygonLabs is aiming to raise up to $100M to grow its payments division, marking a shift from general-purpose #Layer2 scaling toward dedicated consumer and merchant payment infrastructure.

The planned raise would build on a previously announced $250M acquisition push, targeting #Coinme and #Sequence , giving Polygon a vertically integrated stack across fiat on/off-ramps, card and ATM distribution, and developer APIs.

👉 x.com/Yueqi_Yang/status/2041867835354341432