QwikBit Confirms Arrival of First Bitcoin AVMs on the Isle of Man
QwikBit, a Bitcoin Automated Vending Machine (AVM) operator has confirmed that they have accepted delivery of their first batch of Bitcoin AVMs. The machines will be introduced to the Isle of Man and throughout the United Kingdom. "We've been looking forward to the arrival of our first batch of Bitcoin AVMs for several weeks. In that time, we've been working on securing our first locations on the Isle of Man, and also liaising with Jason Kelly, a specialist lawyer and Vice Chairman of the Manx Digital Currency Association ("MDCA"), who has provided invaluable insight on local regulatory....
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Bitcoin AVM (automated vending machine) operator QwikBit today announced that they have taken delivery of a first batch of bitcoin AVMs manufactured in Portugal by Lamassu for an eventual distribution on the Isle of Man and in the United Kingdom. We've seen many of these Lamassu devices make their debut over the past year, but the location in which these particular machines will be placed is fitting. That's because the Isle of Man is hoping to become a hot spot for bitcoin activity. A number of businesses on the Isle have already committed to helping bitcoin businesses get started, as we....
Bitcoin ATM operator QwikBit announced that it has accepted delivery of its first batch of Lamassu bitcoin ATMs. QwikBit says the first units have already arrived in the Isle of Man. The machines will be distributed on the island and further afield in the UK. The first locations have already been secured and the company is in talks with Isle of Man regulators about the rollout. UK rollout coming soon. QwikBit is incorporated in the Isle of Man, and remains confident that local regulators will approve its plans. "We've been looking forward to the arrival of our first batch of Bitcoin AVMs....
Bitcoin Automated Vending Machine (AVM) operator QwikBit announced on Friday news that they have signed a deal with Lamassu, which will make the company one of the largest operators of Lamassu bitcoin vending machines in the United Kingdom. Lamassu bitcoin vending machines are the most popular offerings amongst operators, with over 230 units in operation globally. Users of the machines can insert as little as £5 and receive bitcoin to a specified address in as little as thirty seconds. QwikBit, headquartered on the Isle of Man, says they are planning to roll out their network of AVMs....
QwikBit will launch the Isle of Man's first bitcoin ATM today at a pub in the island's capital, Douglas. As Thirsty Pigeon customers can already buy food and beverages in exchange for bitcoin, the venue was "an obvious choice" to home the Lamassu machine, QuikBit said. Robert McAleer, the pub's owner, added that although he only began accepting the digital currency two weeks ago, bitcoin business is already booming: "more and more customers have come to the bar, looking to spend their bitcoins on a decent pint," he said. To celebrate the ATM launch, McAleer is offering a 10% discount on....
The second country that we will take a closer look at is the Isle of Man. The Isle of Man is nestled between Ireland, England,Wales and Scotland. It has been a haven for online gambling companies for a couple of years now. However The Isle of Man is looking toward the future like an open minded country should. There has been quite a storm about the Isle of Man’s decision to become a “pro digital currency”. Some have condemned this choice, while others applaud the innovative aspect and calling this step a “historical” one for digital currencies and Bitcoin in particular. To celebrate and....