Japan Gets Its First Robocoin Bitcoin ATM
A Robocoin bitcoin ATM has reached the shores of Japan. The device has reportedly been delivered to 49-year-old Motonori Kan in Suzuka, a city some 200 miles west of Japan's capital, Tokyo. Kan, in preparation for the delivery, obtained a used-goods dealer license and imported the device as a "vending machine", despite the fact it's so much more. Despite the delivery, it's not exactly available for public use at a certain location yet. Mr. Kan's ultimate plans are to make his company (a trading company he runs with his brother) the importer of Robocoin ATMs in Japan. The locations of the....
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Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....
Robocoin's Sam Glaser Addresses Concerns About Robocoin ATMs. Recently I was contacted by a disappointed Robocoin ATM user. His experience with the ATM was not good: He felt the fee's were too high. I and others had voiced concerns over security and ease of use as well. In response, Sam Glaser of Robocoin contacted me after reading my article and has answered some questions for me. He let me know his concern about the misconceptions surrounding how and why the Robocoin ATM needs the info and security measures it does. Sam addresses the fee structure as well. With Robocoin ATMs being....
The Netherlands wasn't the only country to receive a new bitcoin ATM over the past few days. The land of the rising sun - Japan - has also received a bitcoin ATM, its first, according to reports. Unveiled Friday at an event in Suzuka in the northeastern section of the Mie Prefecture, the bitcoin ATM is the product of Las Vegas-based Robocoin. The company's machines are seemingly becoming more and more ubiquitous as the days continue to pass, with kiosks in operation in a number of nations (with another fifty planned shipments by Summer of this year). Robocoin's ATMs are two-way machines.....
Robocoin, a Bitcoin based company in Las Vegas, Nevada, has announced that they will be launching a new project called Robocoin Bank. The new project will take all existing Robocoin ATMs and turn them into banking branches. Through software updates, they plan to add features that allow users to bank using Bitcoin. Robocoin is offering the chance to start your own branch of Robocoin Bank by purchasing and operating one of these Robocoin Kiosks. Robocoin Banking functionality should be fully online starting summer of 2014. The new features will allow users to open a Robocoin Bank account in....
Robocoin Bitcoin ATM operators now have a new attractive alternative to abiding by Robocoin's new compliance standards. In response to Robocoin's move to enforce AML/KYC compliance for all of its ATM operators (even non-American ones), some Bitcoin enthusiasts have banded together to port Lamassu's open source Bitcoin ATM software to run on Robocoin's hardware. Currently, the Lamassu Robocoin ATMs only have buy functionality; however, both sell and optional AML/KYC features are also in the works. Also read: Bitcoin ATM Disappointment and the Huge Bank-like Fees for Using Them. New....