California's First BTC ATM To Be Debuted March 20th
Robocoin, a company based in Los Angles, has announced that they will be debuting their new bi-directionalBTC ATM in California on march 20th, 2014 at the . This ATM will be the first of its kind for California that allows users to exchange Bitcoin both ways, they can buy or sell at a single location. This is huge for the Cryptocurrency! With this ATM, people with no cash or credit card can simply carry around paper wallets for Bitcoin and cash them out for actual cash if they need it. This ATM creates an exchange that has a physical location, users will no longer have to go through an....
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Since debuting the first bitcoin ATM in the United States last month (and shipping 10 more overseas), Robocoin is continuing its expansion. The Las Vegas-based company is planning to unveil the State of California's first bitcoin ATM on Thursday, March 20th at the 500 Startups' Bitcoinference in the heart of Silicon Valley. "We're setting the precedent for bitcoin ATMs and demonstrating to California's citizens and regulators just how this exchange business should be run with respect to Anti-Money Laundering compliance and consumer protection," said Robocoin CEO Jordan Kelley. "Our....
Chamber of Digital Commerce to host webinar on cryptocurrency regulation. In a recent prediction, Bitcoin venture capitalist Marc Andreessen said that the year 2015 would see greater adoption of cryptocurrency around the world. He saw that happening in response to consumer education and innovation. One of the issues that will also come into sharp focus this year is regulation. Today Friday March 20th, 1:00PM to 2:00PM (Eastern Time), the Chamber of Digital Commerce is organizing a webinar that will bring together players in the cryptocurrency community and other interested groups together....
One hundred and fifty people attended Bitcoinference, a half-day event devoted to cryptocurrencies, on Thursday (March 20th) in Mountain View, California. The sellout event, held at the offices of incubator 500 Startups, consisted of a keynote speech, two panel sessions, a networking session and an 'unconference' portion - the latter melding a traditional event agenda with increased attendee social interaction. Several speakers during the formal session of the event expressed concern about negative news related to bitcoin in recent weeks. But it was perhaps Zeroblock co-founder Dan Held....
In late March/early April, the bitcoin futures basis had mounted an impressive recovery that pushed sentiment back into the positive. This had come after months of a declining futures basis, so this recovery was a welcome development in the market. This would prove to be short-lived, however, as the futures basis had taken a sharp nosedive in mid-April. Now, it is falling towards one-year lows, leaving in its wake a trail of wary investors. Nearing One-Year Lows Bitcoin’s drop back into the $30,000 has had a profound impact on the futures basis. As investor sentiment had turned largely....
California has become the first state in the union to legally approve the use of Bitcoin. This is a welcome move, and we can only hope that, to paraphrase Jimmy Carter, laws like AB129 will have the inclination to spread. AB 129 repeals Section 107 of the California Corporations Code, which prohibited any corporation, association or individual from putting in circulation as money, anything but the lawful money of the United States. The new law, therefore, paves the way for, and pre-empts the possibility of anyone construing Section 107 as prohibiting the use of, Bitcoin in the state of....