SBEX, BitAccess Deploying Bitcoin ATM Network in Switzerland
Cryptocurrency broker SBEX has announced a unique partnership with Canada-based bitcoin ATM manufacturer BitAccess to deploy a bitcoin ATM network in Switzerland (where SBEX is based). Earlier this year, the first permanent bitcoin ATM in the country was installed in a Geneva restaurant, garnering immense attention among bitcoin enthusiasts in the city. That same ATM was also showcased at the Geneva Internet Platform event held on United Nations property on several occasions. Now, a round of ten BitAccess ATMs have been shipped from Canada to Switzerland to enter operation. "This....
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According to a press release, Bitcoin Suisse has now received approval from FINMA for its ATM network. UPDATE (20th June 21:18 BST): Comments from Bitcoin Suisse about it seeking regulatory approval for its ATM have been added. The Swiss financial regulator has given permission for bitcoin ATM operator SBEX to launch a network of machines in the country. The news comes in the wake of a report indicating that the authority had shut down a different operator just two weeks ago. Jumping through regulatory hoops. SBEX, which currently operates one ATM in Geneva, can now deploy further machines....
Switzerland's University of Zurich is integrating a student-made bitcoin payments solution into one of its cafeterias as part of a two-week trial. Called CoinBlesk, the mobile payments platform uses two-way near-field communication (NFC) technology and was developed as part of a student project to create an open-source bitcoin spending tool. Students will be able to load their CoinBlesk wallets online or at a new bitcoin ATM that will be installed at the university. Speaking to CoinDesk, Professor Dr Burkhard Stiller, who served as the project's advisor, described how the two offerings....
Canadian BTM startup BitAccess has revealed a method for purchasing bitcoins without waiting for transactions to be confirmed. The tool, called BitAccess Cash, uses the company’s international network of BTMs to allow users to ‘cash out’ instantly once payment has been sent using a dedicated app. BitAccess, which recently published an investigation on....
The first permanent installation of a bitcoin ATM in Ottawa is slated to be unveiled Thursday in the Byward Market area. Manufactured by a start-up company called BitAccess, the bitcoin ATM will find itself at the Clocktower Brew Pub on Clarence Avenue in the country's capital city. As one one come to expect, the ATM will allow customers to buy bitcoin (up to $10,000 daily), and sell that bitcoin for cash. Ottawa isn't the last stop, however. BitAccess - which has come together with the help of Bit-Capital - is planning to launch yet another bitcoin ATM in Toronto. The company says they've....
Ottawa, ON - Locally owned and operated BitAccess announced today that it will be appearing before the Canadian Senate's Standing Committee on Banking, Trade and Commerce on April 9th, 2014. Co-founder Haseeb Awan is expected to present the ATM's unique capabilities and hopefully assist Senator Irving Gerstein in purchasing some bitcoin from the machine. Mr. Awan will also be discussing the benefits of their technology. The in-person demonstration by BitAccess to key government decision makers is expected to educate the Senate committee on bitcoin's accessibility and ease of use. This will....