BTCPoint Creates 10,000 Bitcoin-Enabled ATMs Using Spanish Bank Network
Bitcoin-to-cash withdrawals are now available at 10,000 additional bank ATMs in Spain. The development is the result of agreements between BTCPoint, major national bank Banc Sabadell and Hal-Cash that will see the bitcoin service integrating with Banc Sabadell, Banco Popular, Abanca and EVO Bank units. "Once you send your bitcoin to our address, you'll receive a text message with a code and with that code you can go to any ATM and receive cash right away," co-founder and COO Alex Lopera explained, adding that customers don't need to have a credit card or account with the banks in order to....
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BTCPoint has enabled over 10,000 ATMs to sell bitcoins in Spain. The new service was done through a partnership with Hal-Cash, which allows operators to enable money transfers to any phone and have them cash out at ATMs. Banco Sabadell, Spain’s fourth largest bank, partnered with the 4 man company and gave them access to their ATMs. In addition to Banco Sabadell, the service will also be available on ATM units owned by Abanca, Banco Popular ING, Baninter, EVO, Cajamar, TargoBank and Caja Laboral. The service is a major pivot for BTCPoint, which previously manufactured two-way bitcoin ATMs.....
Today, February 22, was the inauguration of the first Spanish bitcoin ATM in Diagonal Mar, a shopping center situated in one of the main avenues of Barcelona. With its installation comes 100 more ATMs over the next three months in the rest of Spain - a clear sign that interest in bitcoin, in this country, is settled. This ATM, designed and operated by the Spanish companies Paymaq and Bbank respectively, starts the bitcoin fever that in the next three months will cover all the Spanish provinces with this service. As we can see in other countries such as Canada, to buy or sell bitcoin in....
HolyTransaction Trade is a new universal cryptocurrency wallet in Spain that enables bitcoin and Euro instant conversions. Within Spain’s 7,000 ATMs, a person can convert their bitcoin into fiat currencies and vice versa, helping to push the country into the digital world. HolyTransaction has teamed up with HalCash, a global electronic platform that allows users, both banked and unbanked, to send and receive money, nationally and internationally, instantly and securely. This means that any banks linked to the HalCash network can convert bitcoin into Euros and withdraw cash from the banks....
A group of investors has launched a funding initiative on Indiegogo to establish an international ATM network that will support bitcoin, local e-currencies and the network's own cryptocurrency called DOLLAR. The investors hope to create a decentralized electronic currency similar to bitcoin with low or no fees and faster transactions. The current fundraising campaign goal is $100,000 with 20 days to go as of Feb. 12, 2015. The campaign was well short of this goal at this writing. In the short term, DOLLAR will install 20 ATMs (aka BTM). A longer-term goal is to have 5,500 ATMs worldwide by....
Following the tour de force made by an Ukranian startup that converted thousands of regular ATM into Bitcoin ATMs, a Spanish startup used the same procedure to convert 10,000 ATM across Spain. Smart-Thinking. One wise entrepreneur once said: "Why should we reinvent the wheel?" This consideration is fully integrated in Bit2Me's culture, so that they didn't spend a lot of money to build Bitcoin ATMs from scratch. Instead, Bit2Me exploited for Hal-Cash ATMs, which are revolutionary in themselves. Indeed, this original service enables you to send money to someone else's mobile phone, which can....