Robocoin Bitcoin ATMs Head to Taiwan and Hong Kong
The first batch of Robocoin ATMs destined for the Far East is expected to land in Taiwan and Hong Kong later this month. The company is planning to expand its presence in Europe and North America, but for now, eight new units are receiving final touches and they should ship to Asia sometime in January. The company noted that it is heading to "bitcoin-hungry" markets in Asia, namely Taiwan and Hong Kong. It is not clear whether mainland China will get any bitcoin ATMs soon, given its clampdown on bitcoin operators last month. "Bitcoin demand in Asia is amazing," said Robocoin CEO Jordan....
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Courtesy: blog.robocoinkiosk.com. We've talked extensively about Las Vegas-based bitcoin ATM manufacturer Robocoin. The company came to light following the shipment of an ATM to a downtown Vancouver coffee shop. The company is now venturing to new frontiers. Shipments this month are expected to hit Hong Kong and Taiwan - although exact locations are unknown. "Bitcoin demand in Asia is amazing," says Jordan Kelley, Robocoin's CEO. "We have many Asian countries seeking to enhance consumer capability to buy and sell bitcoin securely and safely." But if you thought the far east is where....
Taiwan's Financial Supervisory Commission (FSC) has stated it will prevent the installation of Robocoin bitcoin ATMs there, responding almost immediately to the company's plans to introduce machines in Taiwan and Hong Kong. Zeng Mingzong, FSC chairman, made the statement in an interview with the Central News Agency (CNA). According to an article published on CNA's website at 14:56 Taipei time today: bitquick. "Central Bank and FSC recently released a joint statement warning against bitcoin. According to the Central Bank, bitcoin is not a currency; financial institutions and the public....
Robocoin is headed to Hong Kong and Taiwan. Although the cryptos have enjoyed stellar investment growth, the frontier of bridging the real world economy with the virtual economy has been cumbersome. Many online brokers and exchanges are leaning on the same banking sector that they are slowly putting out of business, so the backlash has been intense. This has created a gap between the two worlds that Robocoin promises to close. Robocoin is a start-up headquartered in Las Vegas. The mission is to create a fast, safe and reliable transaction mechanism to transfer wealth between fiat and....
Seattle and Austin will soon become the first US cities with bitcoin ATMs, provided everything goes according to plan. The machines are coming from ATM manufacturer Robocoin and the company claims they will be installed by the end of the month, Reuters reports. Robocoin ATMs are more elaborate than their Lamassu counterparts. They are cash-only machines and they have a few additional security features, such as biometric and optical scanners. In theory, this should allow much higher levels of security than regular ATMs. The barcode scanner can be used to scan QR codes and transfer bitcoins....
Yesterday, Robocoin's blog revealed that Bitcoin ATMs were to be revealed in Hong Kong and Taiwan by the end of the month as part of a global expansion program building on the success of the first Bitcoin ATM in Vancouver, Canada. In prompt response, the head of Taiwan's Financial Supervisory Commission (FSC) Tseng Ming-Chung [Pictured above] issued a statement essentially banning Bitcoin ATMs from appearing in Taiwan. For those that have been following Bitcoin news out of Asia, the FSC's prompt destruction of the Bitcoin ATM dream in Taiwan should not come as a surprise. Taiwan's Central....