Canadian Start-up Quadriga CX Seeks to Install 30 Bitcoin ATMs in Vancouver

Canadian Start-up Quadriga CX Seeks to Install 30 Bitcoin ATMs in Vancouver

A start-up based out of Vancouver's oldest neighborhood, Gastown, is planning to bring a slew of bitcoin ATMs to the city in hopes of cashing in on the current bitcoin revolution taking place. Quadriga CX, as they are known, is actually a bitcoin exchange. They're flexing their business model to sprinkle ATMs throughout Vancouver, and they've placed an order for 30 Project Skyhook ATMs and are hoping to install them in busy retail and restaurant locations. "Just having one of these in your restaurant or venue, it's going to bring in a lot of those younger, technical-savvy, future-thinking....


Related News

Quadriga Fintech Solutions to Launch Fleet of New BitXATMs across Canada

A new fleet of BitXATM machines is set to launch across Canada in the coming months. Quadriga CX, Canada's largest Bitcoin exchange, has big plans to install their new SumoPro two-way bitcoin ATMs in prime locations across the country. These units will be delivered in batches of five and placed in several major cities including Vancouver, Toronto and Montreal. In 2014, CAVIRTEX attempted a similar rollout of BitAccess bitcoin ATMs, installing them in Gateway Newstands across Canada. The experiment was far from successful, and the company shut down the endeavor a few months later. They....

Robocoin bitcoin ATMs to be installed in Canada

Bitcoin ATMs are coming to Canada. A Vancouver-based operator plans to install five of them across the country by early December. Bitcoiniacs, a physical exchange for bitcoin that opened at the end of June, purchased the machines for $18,500 each from Las Vegas-based Robocoin. It plans to install the first unit in Vancouver at the start of next month, with four more rolling out in Montréal, Ottawa, Toronto, and Calgary by early December. Bitcoiniacs started out as a physical bitcoin store, explains founder Mitchell Demeter, who began experimenting with bitcoin exchanges on....

Quadriga Will Launch the First Canadian Blockchain R&D Lab

Quadriga Corp is launching Canada's first exclusive research and development lab for Blockchain technology and is already working on its first project. Quadriga Corporation is launching Canada's first R&D lab for Blockchain technology and has already drawn up plans for its very first project. In a press release, Vancouver-based Quadriga, widely known as Canada's largest bitcoin exchange has chalked out the lab's first project - a platform developed to serve two core functions. They are, handling the "onboarding and client data management for financial crime systems" using Blockchain....

Bitcoin Exchange Quadriga to Go Public in Reverse Takeover

Canada-based bitcoin exchange Quadriga has announced it has entered into an agreement that, if executed, will find the company debuting on the Canadian Securities Exchange (CES) as soon as next month. The news follows a shareholder meeting on 2nd March and a decision by the Supreme Court of British Columbia to allow Quadriga to conduct a reverse takeover of the shell company Whiteside Capital Corporation. Co-founder Michael Patryn indicated that the move will provide Quadriga with increased capital while satisfying what he called the public demand for bitcoin-related investment....

Does Canada View Bitcoin as Currency?

My name is Matt Burgoyne and I'm an associate at Canadian legal firm McLeod Law. I'm involved with Canadian and international counsel in the developing area of virtual currency law, specifically including bitcoin currency. Does Canada consider bitcoin to be a real sovereign "currency" or simply a commodity? This question is particularly relevant given various bitcoin related news stories that have involved Canadian companies in recent weeks. First, as most have no doubt heard, there is at least one bitcoin ATM operating in a Vancouver coffee shop, and according to a Vancouver Sun article....