Thieves Rip Bitcoin ATM From Crypto-Store In Spain's Barcelona: Report

Bitcoin ATMs allow customers to purchase cryptocurrency using cash or a debit card, while some also let users to exchange their crypto holdings for cash.

Spanish police are investigating the robbery of a 'bitcoin ATM' in a raid on a cryptocurrency exchange outlet in a wealthy Barcelona neighbourhood, local media reported on Friday.

Bitcoin ATMs allow customers to purchase cryptocurrency using cash or a debit card, while some also let users to exchange their crypto holdings for cash.

According to data from the Coin ATM radar website, which tracks the location of crypto ATMs, Spain has 158 such machines, the highest number in Europe.

Catalonia's Mossos d'Esquadra police force said an ATM had been stolen at around 3 a.m. and declined to provide any more information to avoid hindering the investigation.