Money-Spinners: Genesis1 Bitcoin and Dogecoin ATM's Arrive in Tijuana, Mexico
Step up, roll up your sleeve, and start smoothing out those crumpled banknotes as CoinDesk brings you the latest in bitcoin ATM and vending machine announcements from around the world. We say 'vending machines' not as a joke, but because in some jurisdictions cash-in only machines are classified as exactly that, to remain free from additional banking regulations ... or bans. Speaking of which, the week began on a sour note in Dubai when the UAE Department of Economic Development (DED) told us there was no license to install a bitcoin ATM in the country as yet. To rub salt in the wounds, it....
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The announcement of two brand-new bitcoin ATMs installed in Tijuana, Mexico has come a bit later than expected, but here we go. We first talked about these machines just a few days ago, when a company called Bitcoin42 announced plans to install Bitcoin ATMs at the BIT Center in Tijuana. At the time, we didn't know much about the machines themselves. But now, the manufacturer has come forth with their own announcement. They're California-based Genesis Coin (they've got a really good domain name), and they're proud of their new Genesis1 ATM (pictured above). You've likely seen a slew of ATMs....
If there's one thing we can be sure of in the bitcoin community, it's that bitcoin ATMs have become big business. With a number of different players, seemingly all have devices that are in high demand. GenesisCoin is no exception. We first heard about this company several weeks ago when it was announced that two of the company's machines would be making their debut in Tijuana, Mexico at a business center. One is being used for USD transactions, the other in Pesos. "The response has been overwhelmingly positive - a few people traveled across the border and from further South in Baja to come....
San Diego, California-based Genesis Coin has announced the launch of yet another of their bitcoin ATMs. The Genesis1 kiosk has entered service in Whistler, British Columbia at West Coast Float, a floatation therapy center. Whistler is a west coast tourist hotspot attracting a slew of people every year, who come for world-class skiing experiences. "As a West Coast resident, I'm very excited to release the Genesis1 in Whistler," said Evan Rose, Genesis Coin CEO. Operated by Logicoins, the Genesis1 has made its mark on the industry by not only offering bitcoin, but litecoin and dogecoin....
The Mexican border town of Tijuana is to see the launch of two digital currency-toting ATMs on Thursday or Friday of this week, and with an interesting twist - in addition to the expected provision of bitcoin, the ATMs will support litecoin and dogecoin too. Tijuana is a popular spot for US tourists, including many geeky and potentially bitcoin-friendly college kids who venture south of the border to let their hair down. What happens in Tijuana stays in Tijuana, they say, apart from some less than legal 'souvenirs' that sometimes find their way back to the US. The company launching the....
Bit2Bloc's Kevin Fortier with the Genesis1 ATM. There's been quite a bit of buzz surrounding the Genesis1 bitcoin ATM (which incidentally also serves as a litecoin, dogecoin ATM). Since being deployed recently in Tijuana, they've been met with great interest, to say the least. And now, the company behind these machines, Genesis Coin, has announced the arrival of the next Genesis1 machine. It's making it's debut in the Capital of the Quebec Province in Canada, Quebec City. Located at the Auberge Amerik Hotel (adjacent to the Baguette et Cie coffee shop), the Genesis1 is being operated by a....