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(MoneyNewsWire.Net, March 27, 2018 ) Global Cryptocurrency ATM Market 2018
KMI has made available another publication in its pharmaceuticals archive of market intelligence reports, which is titled Global Cryptocurrency ATM Market Research Report 2017. While the threat of substitutes and technological risks could have an unfavorable impact on the global market, potential applications and opportunities from emerging regions have been anticipated to raise the hopes of industry players.
Some of the key players are Genesis Coin, General Bytes, Lamassu, Bit Access, Covault, BitXatm, BTC facil, Skyhook, and LocalBitcoins
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This overall market size is used in the top-down procedure to estimate the sizes of other individual markets through percentage splits from secondary sources directories, databases, and primary research.
One of the key trends currently molding the flow of the global Cryptocurrency ATM market for now and for the immediate future, is the rise of the patient-centric treatment concept. This is more predominant in developed economies in North America and Europe, where the healthcare and medical infrastructures are advanced enough to streamline their processes for a consistent and successful patient diagnostics, monitoring, and treatment.
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Reasons to buy
Compliance to the existing distinct regulatory requirements from county to country, these are among the most underestimated expenses which also contribute to significant difficulty for the users in deployment. Basic level of registration and compliance requirements requires an upfront amount of US$ 5,000 and the same amount annually to maintain the operations. For businesses running multiple machines, the cost includes upfront compliance requirements of over US$ 15,000 with around to US$ 10k to maintain the operations.
Additional costs also include hiring a dedicated compliance officer, whose salary can be estimated in the range of US$ 50k to 100k annually. Moreover, there are bigger companies which have reported higher expenses for these compliances and maintenance of operations. Moreover, acceptance of the technology and regional government is expected to be among the prominent other factors that will continue to hinder the industry growth through the forecast period.
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