California's First Bitcoin ATM Debuting at 500 Startups' Bitcoinference
Robocoin, a Las Vegas based company specializing in the first bi-directional Bitcoin ATM, will be unveiling California's first Bitcoin ATM at the 500 Startups' Bitcoinference. On Thursday, March 20, the company will make buying and selling Bitcoin possible, all from a single machine. Held in Mountain View, California, the sold-out conference will by a....
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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....
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....
Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. Each day, the army of bitcoin ATMs across the globe grows in number, and firepower. The many users feeding their fiat into these machines are not only receiving bitcoin, but helping to build the economy of the future. In this week's bitcoin ATM news roundup, Jon Southurst tracks down the latest models to touch down. California. Robocoin launched its first two-way bitcoin ATM in Mountain View, California, on Thursday at the 500 Startups 'Bitcoinference' - a....
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....
A digital currency bill has been proposed and amended in the state of California, easing the burden for bitcoin startups. The initial proposal required individuals and companies offering services that involve bitcoin or other digital currencies to first obtain a license. However, this could wind up stifling innovation and being too costly for bitcoin startups. With that, the revised version enables small-scale business concepts to receive conditional approval from the state's Commission of Business Oversight under the state's Money Transmission Act. Lower Burden on Bitcoin Startups.