Money Spinners: New Bitcoin ATM is Good News From China
From full exchange machines to one-way dispensers, CoinDesk brings you the latest in bitcoin automated service news from around the world. It seems the community is still deciding on an official name that describes the wide variety of machines offered as bitcoin ATMs - except for Robocoin, that is, which now describes its machines as 'branches'. While supporting the new term, we'll continue to use 'bitcoin ATM' here for the time being for consistency and Google-ability. The last week has provided another technological buffet of of ATM/BTM installations and news, further proving that....
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Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. It's always Good Friday in the world of bitcoin ATMs, and we begin our end-of-week coverage with the best news and 'first bitcoin ATMs' we've heard around the globe this week. Dubai. Remember that warehouse full of bitcoin ATMs in the UAE, which turned out not to be bitcoin ATMs but convenience store payment kiosks? Well, apparently they are actually bitcoin kiosks, according to local company Umbrellab: Exactly :). - Umbrellab (@umblab) 16th April 2014.....
It's been a relatively quiet week on the ATM front. In the world of bitcoin, though, no news is often good news. The fact that ATM installations no longer grab the headlines like they used to is a healthy sign of the times, and an indication that the machines are becoming commonplace. Digital currency vending machines are by no means ubiquitous, however, and there are still plenty of folks who've never laid eyes on one. But, just remember how many there were in November last year, and you'll see how far we've come. New terminology. There has even been a move away from the term 'ATM' as of....
Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. In the world of bitcoin ATMs, there are more first prizes than a kindergarten sports day, as installers claim blue ribbons such as first bitcoin ATM in their region, first two-way bitcoin ATM, first bitcoin ATM open to the public, first permanent unit and so on. Nonetheless, all bitcoin ATM news is good news, as it can be argued that it gets more coins into more hands, and everyone wins in the end. London, UK. We start in CoinDesk's hometown of London this....
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Yesterday’s news regarding the Chinese stock market once again showed how brittle the global economy is at this point. With stocks tumbling slightly over 7 percent, trading was suspended a few hours before the markets closed. Things did not get off to a good start earlier today, as an early 2% loss was worrying a fair few investors. But things calmed down once the People’s Bank of China intervened and poured money into money markets. Based on the information provided by Reuters, it looks like the People’s Bank of China prevented another major loss for the CSI300 earlier today. Early traded....