Bitcoin ATMs That Support Litecoin, Dogecoin Launching This Week in Mexico
Mexico is slated to get it's first two bitcoin ATMs on the week of Monday, March 16th in Tijuana - just below the border from San Diego, California. Operated by start-up Bitcoin42, the two-way ATMs are the first in Mexico, but also take the title of being the world's first litecoin and dogecoin ATMs. "With [the ATMs], customers will also be able to buy a limited amount of Litecoins and Dogecoins," the statement read on the Bitcointalk forum. One of the devices will accept Mexican pesos, the other will accept U. S. Dollars. The ATM units (which Bitcoin42 has not yet shown off) are to be....
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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....
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....
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....
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....
MrBitco.in announced that they have officially sold the last Litecoin on their ATM network and do not plan to support it on their platform in the future. According to an announcement on Reddit from the Netherlands-based collective, the reason to pull Litecoin sales from MrBitco.in ATMs is due to low interest in the currency and a small market. Dwindling user interest in Litecoin caused us to decide to stop selling Litecoin through our ATM network,” the collective said. “The number of Litecoin sales (compared to Bitcoin) was so small that we concluded there is no market for Litecoin sales....