Africa's First Bitcoin ATM Ready for May Launch

Africa's First Bitcoin ATM Ready for May Launch

Johannesburg, South Africa, will reportedly become the first city on the continent to host a permanent bitcoin ATM this May. The start-up behind the plan, ZaBitcoinATM, says it ordered a Lamassu machine in February, and that it expects to receive the unit within days. ZaBitcoinATM revealed more details about the forthcoming launch in a Bitcoin Talk forum post, explaining: "We are in discussions with several restaurants/coffee shops and will be coming to a conclusion as to the final location once we have shown the interested parties the device." If all goes according to plan, Africa's first....


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Bitcoin ATMs (Automated Teller Machines) have been popping up all over the world. Hong Kong, Australia, Dubai, and America, among other places, have operating Bitcoin ATMs. These ATMs have only become widespread in the past few months and are a very new and incomplete technology. Now, they're coming to Africa. Coming to Africa. [dropcap size="small"]Bitcoin's first ATM in the vast continent of Africa is expected to be opened to the public in late May. The ATM will be owned by ZABitcoinATM. The first ATM will come to Johannesburg, South Africa. A second one, which will come a month after....