EBTM: The Story of a Bitcoin Operator in Belgium
When it comes to Bitcoin manufacturers on a global scale, there are plenty of companies to choose from. As a result, you hardly ever see a manufacturer operating one of their own ATM’s these days. This opens opportunities for other companies, whom will gladly purchase one or more machines from a respected manufacturer. EBTM is a Belgian Bitcoin ATM operator, and this is their story. Buying From Manufacturers and Operating the Machine. Similar to other companies and individuals around the world, EBTM purchased a Bitcoin ATM from a reputable manufacturer. In order to earn back their initial....
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David Boveington-Fauran is a Bitcoin entrepreneur based in Belgium, co-founder of the European Bitcoin Trading Machine (EBTM), a Bitcoin startup holding the ambition of a creating a network of BTMs across Europe. Boveington-Fauran shares his impressions of the Belgian Bitcoin market and the future plans of his company. While digital currencies are gaining in popularity in Europe, the entrepreneur believes there is still a lot of work ahead, particularly in Belgium, where Bitcoin is still considered as "drug money" by a few. CoinTelegraph (CT): David, we haven't heard much about your....
Belgian Bitcoin enthusiasts rejoiced at the news about the first ATM being installed in the country over a year ago. Ever since that time, however, a lot of things have changed. After the Coffeelabs owners had decided to remove the device, EBTM had to provide a new home for the ATM. That new home is known as Pizzeria Leonardo da Vinci. Operating a Bitcoin ATM is often underestimated by most cryptocurrency enthusiasts. When the location owners decide to remove the device from their premises, a new set of challenges arises. In the case of the former Coffeelabs ATM, that challenge came in the....
The National Bank of Belgium doesn't have any plans to regulate bitcoin further, according to the Belgian Bitcoin Association. Belgium's central bank met with the Association to discuss the digital currency last Monday, describing the meeting as "informal". "There are currently no plans for new regulations in Belgium that would allow the [central bank] to take a more intervening [sic] stance - though future regulations to that effect cannot be excluded," read a statement from the association. Thomas Spaas, a board member who represented the Belgian Bitcoin Association at the meeting, said....
The Belgium Central Bank - aptly named the National Bank of Belgium - reportedly has no plans to regulate bitcoin in the foreseeable future. That's according to the Belgian Bitcoin Association (BBA_, who met with the central bank informally last Monday. In a statement produced by the Association and published by CoinDesk, the BBA said "There are currently no plans for new regulations in Belgium that would allow the [National Bank of Belgium] to take a more intervening stance - though future regulations to that effect cannot be excluded". It should be noted that due to the informal nature....
Last week some of us at Bitcoinist.net got together and did a brainstorm session. Among the many things we discussed was the topic of having a “status quaestionis” series of articles on the “pro” digital currency governments in the world. We will focus in on providing unbiased information, which is the modus operandi of every professional news site like Bitcoinist and others, and give a balanced opinion that will look at both sides of the coin so to speak. How are we going to provide “unbiased information” to our readers you might ask? By analysing official documents ( if any) and talking....