First U.S. Bitcoin Vending Machine Launches in Albuquerque, New Mexico

First U.S. Bitcoin Vending Machine Launches in Albuquerque, New Mexico

Enchanted Bitcoins is operating what is believed to be the first Bitcoin vending machine available to the public in the United States.

The Bitcoin Machine, manufactured by Lamassu, Inc., is permanently installed at Imbibe, an upscale cigar bar and lounge in the Nob Hill neighborhood of Albuquerque adjacent to the University of New Mexico. The service is available now, and a launch party is scheduled at Imbibe the evening of February 21, 2014.

"This is very special for us. Enchanted Bitcoins are paving the way for mainstream Bitcoin accessibility in the Unites States," says Zach Harvey, CEO of Lamassu.

"They have put in a lot of time and effort on the compliance side, and we’re very excited to see them open for business."

Marco Santori, an attorney with Nesenoff & Miltenberg LLP, says,

"We are thrilled to be a part of the launch of America’s first Bitcoin sales kiosk. This is a significant step in the forward march of progress for digital currencies in the United States."

In recognition of its responsibilities as a money transmitter, as indicated in guidance last year from FinCEN, Enchanted Bitcoins has established a full AML program and has registered with FinCEN as a Money Services Business.

"Congratulations to Enchanted Bitcoins on becoming the first Bitcoin sales kiosk in the United States. I'm proud to have helped Enchanted Bitcoins' leadership develop a world-class strategy to manage the company's end-to-end operational processes in a safe and compliant manner," says Juan Llanos, anti-money laundering and regulatory compliance expert.

The availability of this bitcoin machine will significantly increase the ease with which individuals in the Albuquerque area can acquire bitcoin for cash, almost instantly.

"Imbibe is excited to participate in this new innovative technology. We look forward as a business to being able to accept Bitcoin, the world’s newest currency," says Wesley Golden, Imbibe co-founder and partner.

"We invite you to come in and take a look."

Lamassu, Inc.: http://www.lamassu.is/


Related News

Lamassu Launches First Bitcoin Vending Machine in the United States

Bitcoin vending machine manufacturer Lamassu has hit another milestone with the launch of what is believed to be the first bitcoin vending machine in the United States of America (not to be confused with ATM). Located at the Imbibe cigar bar in Albuquerque, New Mexico, the machine sits right by the University of New Mexico - giving students and others who are curious easy access to purchasing the emerging digital currency. The kiosk is operated by a company by the name of Enchanted Bitcoins. "This is very special for us. Enchanted Bitcoins are paving the way for mainstream Bitcoin....

This Bitcoin Vending Machine Is Sending Weird Signals About the Future

MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with a QR code for people to conveniently scan. The machine first came to public attention sometime last year, as a few people tweeted about the possibility of MIT Lab getting a bitcoin-compatible vending machine. Speculation made its way....

First American Bitcoin ATMs Have Arrived: Albuquerque And Boston Today: Austin And Seattle Soon

Yesterday, Enchanted Bitcoin run by Eric Stromberg of Albuquerque, New Mexico unveiled the first American Bitcoin ATM at an upscale cigar bar and lounge called Imbibe. The Bitcoin ATM has been successfully running for over a day now, and if you are in Albuquerque make sure to check out their launch party which is scheduled for February 21, 2014. The Albuquerque Bitcoin ATM is provided by Lamassu whose CEO Zach Harvey had this to say: "This is very special for us. Enchanted Bitcoins are paving the way for mainstream Bitcoin accessibility in the Unites States, they have put in a lot of time....

Inside the Race to Launch the First US Bitcoin ATM

Eric L. Stromberg was pushing his old Ford Escort faster than it was used to, as he sped from California to New Mexico with his 125-pound traveling companion sitting silently in the back. Stromberg had never spent a night in Albuquerque before, and he knew no one there. But Albuquerque was to about to become home for Stromberg and his passenger - a glossy white bitcoin ATM made by Lamassu. This single-car interstate race had been part of Stromberg's bid to launch the first bitcoin ATM in the United States. First past the line. A month later, on 18th February, Stromberg announced that his....

The Evolution of the Bitcoin Vending Machine

A Cryptocurrency vending machine has been found at the Massachusetts Institute of Technology (MIT). Just recently MIT Media Lab’s Ethan Zuckerman tweeted to his followers about the campus’ machine, which accepts bitcoin and is stocked with nothing but Soylent meal replacement drinks. The Bitcoin-Friendly Vending Machine at MIT Media Lab. Previously, the....