The Bitcoin ATM: The Improved Teller Machine

The Bitcoin ATM: The Improved Teller Machine

Since Bitcoin has been revolutionizing money in profound ways many ideas have come to life. Many of these concepts are new technologies added to the culture of traditional finance we see all the time. From cryptocurrency debit cards, NFC touchless payments, and the ATMs crypto is slowly finding its way into mainstream society. Since legitimizing itself....


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Workshop Cafe Launches San Francisco's First Bitcoin Teller Machine

Last night, Workshop Cafe proudly hosted the grand opening of San Francisco's first Bitcoin Teller Machine (BTM). This particular machine is made by BitAccess and features the somewhat unique and very much sought-after feature in that it allows users to buy and sell Bitcoin for USD. Each transaction, handled with a very slick user interface, takes less than a minute. The launch of this BTM is a big deal for San Francisco but also for Bitcoin as a whole. Located in San Francisco's financial district, Workshop Cafe is a very large coffee shop with plentiful workspaces featuring all of the....

Running a BTM Business in Panama – Interview with Cindy Zimmerman

Cryptocurrencies are rapidly growing in popularity throughout Latin America. So, Bitcoin.com decided to get an insider’s view on Bitcoin adoption in the region by speaking with Cindy Zimmerman, CEO of TigoCTM (Crypto Teller Machine), based in Panama. Zimmerman is a Bitcoin ATM owner and operator as well as a computer scientist. She tells us how she got....

Bitcoin Crypto Teller Network Adds Dash in Latin America

Panamanian crypto-teller machine TigoCTM has added Dash to its roster of cryptocurrencies for sale and purchase over its network in Latin America. With a new partnership, Dash will see its partner TigoCTM, a crypto teller machine company, add the cryptocurrency to its network of ATMs that already provides bitcoin and other digital currencies to adopters and new users in Panama and Latin America. TigoCTM CEO Cindy Zimmerman sees reason for cryptocurrencies to flourish in Latin America among unbanked or underbanked users in Latin America, particularly in countries like Venezuela where....

Bitcoin Businesses May Reconsider Quebec After Policy Announcement

If you operate an exchange, bitcoin automated teller machine or any other money services operation that does business with Quebec residents, you will need to comply with its updated Money Services Businesses Act regardless of where in the world you are based. This new policy document was first made public on February 1, 2015 (updated to March 1, 2015), and experts have been trying to determine what it means for bitcoin businesses both within Quebec and outside its borders. The document says that anyone offering money services (that is, currency exchange; funds transfer; issue or redemption....

Bitcoinist News Bits 13.10.14

CoinCola is the First Chinese Global Cryptocurrency E-commerce Platform. Their Business model is based on five sections: display of online stores, foreign trade, trading in multisig, online wallets and arbitration support. CoinCola aims to bring crypto currency into every daily life and make global trading easier. The Company offers free access for costumer be able to sell products and open shops. Everyone can sell their products without opening an online shop. International costumers also can rapidly pay and receive their items simply by paying in Bitcoin. We cover the whole story on....