New Spanish Exchange Converts Bitcoin and Fiat Currencies at 7,000 ATMs
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....
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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....
Whenever we run out of cash, the first thing we do is find a nearby ATM, so that we can withdraw money from our bank accounts without having to make a trip to the branch. The concept of ATM for banking has been there for decades. They were undoubtedly responsible for revolutionizing the banking sector, making it more customer friendly by providing easy access to their accounts. ATMs have been the digital gateway for physical currency, but now with Bitcoins, it is just the opposite. Bitcoin is a digital currency, that has replaced fiat currency in many online and offline places. Bitcoin....
Virginia's first Bitcoin ATM! Today, the first Bitcoin ATM in Virginia launched. The ATM is owned by BlockBox, a company which provides Bitcoin services. According to Coin ATM Radar, the ATM converts fiat to bitcoin, with a 4% fee. The ATM is in Sterling Mower, a mower company, located at 22005 Shaw Rd, Sterling, VA 20164. With this ATM, Virginia joins the club of states in America to have a Bitcoin ATM. Less than two weeks ago, Pennsylvania got its first ATM. Virginia's ATM is a Lamassu machine, so it is small compared to most other Bitcoin ATMs. In images, it is resting on top of a stool....
The Spanish Treasury has responded to an inquiry regarding Bitcoin gambling from law firm Abanlex. The lawyers asked for clarification on several key points from the Directorate General for the Regulation of Gambling (DGOJ), which is a government body accountable to the State Secretary of the Treasury. The State Secretary of the Treasury is the governmental authority "which regulates, authorises, supervises, controls and, if necessary, penalises gambling activities in Spanish State." Spanish Bitcoin users have had strong backing by services such as Segundamundo.es and incoming Bitcoin....