ATM

Two Bitcoin ATMs had been working in Lithuanian shopping center GO9, but the State Tax Inspectorate of Lithuania (Valstybinė mokesčių inspekcija - VMI)  asked the owner company to shut them down. The authorities explained that the ATM can’t work on the financial market until they have appropriate certifications.

The Italian giant TAS Group and the Austrian start-up that has made a name as leading Bitcoin ATM provider are teaming up to deliver a crypto debit card. It will allow clients to quickly and easily exchange from crypto into fiat or vice versa on any Cointed ATM, as well as making payments to selected retailers.

Bitcoin has recently surpassed the value of Goldman Sachs Group Inc. and hovers above $100 billion. However, the wider public is yet to be introduced to Bitcoin and cryptocurrencies. Even so, in October 2013, Bitcoin ATMs made their debut at the Bitcoiniac`s kiosk in one of Vancouver’s coffee shops. Today, just four years later, there are more than 8 million Google search results for “Bitcoin ATM near me’’.

The blockchain student jobs marketplace aims to help place crypto ATMs on University campuses around Canada.

As Bitcoin is growing more and more popular, many players in the traditional financial market are turning to cryptocurrency. For example, Japanese ATM manufacturer Oki is going to launch a new line of Bitcoin ATMs that would allow converting cryptocurrency into local cash or make deposits with fiat money to a cryptocurrency account.

Eric Grill: “Free press performs an important function as a watchdog”

The number of Bitcoin ATMs has increased almost twofold recently in Vietnam, with new arrivals coming in and old players adding a number of machines in different locations across Vietnam.

The Portable Bitcoin ATM presented by LocalBitcoins in October 2016, may cause MSB compliance issues. In a conversation with CoinIdol.com, Anti-Money Laundering specialist Joe Ciccolo advised potential consumers to heed four warnings before they begin doing business with the portable Bitcoin ATM (BTM).

Ephrem Urumashvili, representative of BitFury Group has just reported the company’s plans to install two Bitcoin ATMs in Georgia.