Over 800 Payment Terminals in Romania Now Sell Bitcoin
Bitcoin is now available at 874 self-service payment terminals across Romania, thanks to a partnership between ATM operator Bitcoin Romania and terminal network operator ZebraPay. The ZebraPay terminals will allow customers to buy bitcoin at a 4% commission on prices taken from the Cointrader exchange. The terminals are one-way, so customers can only trade their Romanian leu for bitcoin. The terminals do not require customers to hand over identification documents when buying bitcoin. The service has been available for two days but it has already sold 7.2 BTC, underscoring bitcoin's growing....
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Bitcoin ATMs have become one of the symbols of cryptocurrency, with multiple competing manufacturers and hundreds of units deployed around the world. Despite their growing popularity, however, Bitcoin ATMs are still vastly outnumbered by traditional financial terminals. While more Bitcoin ATMs are undoubtedly on their way, one of the best ways to reduce this disparity is not by building new units, but by converting existing terminals to handle bitcoins. This is the route being taken by Bitcoin Romania, the operators of one of the world's busiest Robocoin machines located in Bucharest. "It....
Some 20 million Romanians received a huge win this past week. Bitcoin Romania has teamed up with ZebraPay to allow users around the country to buy Bitcoin at over 800 ZebraPay Payment Terminals. Europe has been a hotbed of Bitcoin activity for years. The recent 2014 Bitcoin Foundation Bitcoin Conference was held in Amsterdam, instead of an American city, and Europe's central banks have, for the most part, stayed clear of overbearing legislation that could stifle Bitcoin adoption. Also read: Indonesians Can Now Buy Bitcoin At Over 10,000 Indomaret Stores. The Payment terminals use the....
Here's some cool news. Consumers in Romania will have access to easy bitcoin purchases via 874 payment terminal located across the country. It all comes together thanks to a partnership between ATM operator Bitcoin Romania and ZebraPay - the operator of the terminals. According to CoinDesk, the machines are one-way, and consumers will buy the digital currency with the Romanian leu. http://www.youtube.com/watch?v=YTXm75Hi-pM. The kiosks won't require any identification, and already they seem to be a hit. In two says of service, over seven bitcoins have been sold. The kiosks do, however,....
Throughout the years, consumers have all heard the stories about how financial information has been stolen when using physical payment terminals. Despite best efforts by card issuers to step up the security game, the payment terminals themselves are inherently insecure. Or to be more precise, the modulated payment protocols powering these terminals are the root of all evil, as there are major security flaws waiting to be exploited. Whenever financial data theft occurs, most people only think about what would happen to the affected consumers. But at the same time, merchants are exposed as....
Authorities in Romania are going after investors who failed to report revenues from crypto trading and pay tax. The offensive is part of efforts to respond to financial trends, the country’s tax body said in a statement, unveiling it was able to identify almost €50 million of undeclared crypto gains.
Tax Authority in Romania Verifies Gains From Cryptocurrency Trading
Romania’s National Agency for Fiscal Administration (ANAF) announced this week that officials from its department responsible for prevention of tax evasion and fraud have initiated inspections....