We are pleased to announce that the KvaPay platform and the Kvakomat cryptocurrency ATM network now support operations with Binance Coin (BNB). Users can buy and sell BNB for cash through Kvakomat ATMs, as well as manage this cryptocurrency in their wallets on the KvaPay platform.
In January 2025, the Kvakomat cryptocurrency ATM network expanded its presence in Hungary by installing new devices in several cities.
DORA regulation represents a major transformation in cryptocurrency business operations across the European Union. This detailed regulatory framework sets strict operational resilience requirements that will revolutionize the digital asset world. Cryptocurrency platforms now merge more with traditional financial systems, making it crucial to understand DORA regulation's impact on operational processes, risk management strategies, and technology infrastructure.
Layer 2 solutions are protocols built on top of blockchain networks (Layer 1) like bitcoin or ethereum to enhance their scalability, speed, and cost efficiency. These solutions process transactions off the main blockchain while relying on the Layer 1 network for security and finality.
Imagine investing in prime Paris real estate or owning a piece of a Picasso masterpiece with just €50. What once required millions in capital is now possible through asset tokenization, a revolutionary approach transforming Europe's investment landscape.
Bitcoin is the world’s leading cryptocurrency, the trendsetter of the crypto market, and the first successful digital currency. The ability to transfer money globally in minutes was a breakthrough at the time, so Bitcoin immediately gained a broad following.
Kvakomat, a crypto ATM network, has installed ATMs in 42 cities across Slovakia, the Czech Republic, Poland, and Hungary. We are excited to announce the addition of 5 new crypto ATMs in Hungary, enhancing the convenience of cryptocurrency transactions for our users.
We have worked hard on this, and now we are ready to share great news: the Kvakomat crypto ATM network is entering the Hungarian market! Very soon, 11 of our crypto ATMs will appear in different parts of the country.
Over two years after its initial proposal, the finalized version of the Markets in Crypto-Assets Regulation (MiCA) has been published. MiCA seeks to establish a structured regulatory framework across the EU, focusing on the issuance, management, and trading of crypto-assets. It will introduce licensing requirements, business conduct regulations, and a market abuse framework for crypto-assets.
At KvaPay, we are dedicated to making crypto more flexible and accessible to our users. This is why we decided to upgrade the Kvakomat Network with additional exchange options. With this upgrade, managing your finances in Poland, Czechia, and Slovakia will become much easier.
Donald Trump's re-election has reignited interest in his ambitious vision of establishing a national Bitcoin reserve. This bold initiative could have transformative implications for both the U.S. financial landscape and the global cryptocurrency market. As Bitcoin solidifies its position as the eighth-largest asset globally, surpassing silver, Trump's proposed deregulation of the U.S. crypto environment adds another layer of intrigue. But is this vision realistic, and what challenges lie ahead?
Kvakomat is expanding with lightning-fast speeds! See the locations of our November’s freshly-launched crypto ATMs here.