Europe's First Bitcoin ATM Installed in Finland
Helsinki, Finland. A place best-known for islands, forts and Linux pioneer Linus Torvalds, has made the news as the official home of Europe's first bitcoin ATM. Earlier this month, Swedish bitcoin exchange Safello announced that it would deploy the first bitcoin ATM in downtown Stockholm. However, it appears that Finland beat them to the punch, which is hardly surprising, given the long rivalry between the Scandinavian nations. Railway tracks. According to Finnish exchange Bittiraha, who run the back-end systems, the machine has been installed in a record store at the Helsinki Railway....
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There may or may not be some confusion over just who had the first bitcoin ATM in Europe. For a bit, it was thought to be an ATM in a railway station in Finland. Others thought it was an ATM located in Stockholm. Marian Jancuska, operator of a bitcoin ATM in Bratislava, Slovakia is hoping to "set things straight" on the matter. Jancuska says his bitcoin ATM was installed in downtown Bratislava in early December. December 8th, in fact, about a week before the aforementioned ATM in Finland. It may not seem like a big deal over who has the title of starting Europe's first BTC ATM, but it will....
A Slovakian bitcoin ATM operator wants to set the record straight on the topic of Europe's first bitcoin ATM. That title is currently claimed by a machine installed in the Helsinki Central railway station in Finland. There has also been considerable media hype around a Swedish machine that was touted as the continent's pioneering ATM dealing in the digital currency. But Marian Jancuska, who operates the ATM in Bratislava, Slovakia's capital city, says neither Scandinavian country can claim the honour, because his machine was installed before either one. He said: "I am glad bitcoin ATMs are....
Finland has recently started an unprecedented social experiment that will be watched around the world amid gathering interest in the idea of a universal basic income. It has become the first country in Europe to start paying an unconditional monthly sum to its unemployed citizens. During the next two years, 2,000 unemployed Finns, aged 25 to 58, will receive a guaranteed sum of 560 euros. The money will replace the social benefits they have been receiving so far and will be paid even if they find work. Kela, Finland’s social security authority, says that the project is aimed at reducing....
In the past two weeks, there has been a clear surge in the number of Bitcoin ATMs going live around the world, according to our content partner, Coin ATM Radar. This recent push has seen the number of active BTMs hit the 350 mark as of February 8, 2015. One area of concentration has been Europe, with Estonia getting its first BTM, machines continuing to go up in Finland and the UK, and a couple of Robocoin kiosks finding homes in northern Italy. Below are five new Bitcoin ATMs in Europe, plus a bonus listing for the BitPay Amsterdam office. A Lamassu machine at a forex booth just outside....
Source: bittiraha.fi. There's a lot of buzz surrounding bitcoin ATMs. Vancouver has one. Stockholm has one. And now Finland has one. It's located in the high-traffic Helsinki railway station. Finnish website bittiraha.fi says they're behind the ATM, and have posted pictures for the purpose of proving so. Henry Brade, CEO of Prasos (the company behind bittiraha.fi) says its the first of its kind in Europe, but Safello may have them beat. The ATM is located inside of a record store called Levykauppa Äx (which apparently already accepts bitcoins), and well, not a whole lot more is known about....