First Lamassu Bitcoin ATM.
Published at: Oct. 3, 2013
“It’s an amazing feeling to go from a wooden box/Raspberry Pi prototype in February to shipping a hardened steel production model in October,” said Zach Harvey, CEO of Lamassu in an interview to CoinDesk. During the first week company had already got another 13 clients waiting for new ATM all over the world, including Slovakia, China, France, Canada, Australia, New Zealand, Finland, Denmark, Sweden and Brazil. Harvey mentioned the names of two next places where produced machines are going – the Crypto-Currency Conference in Atlanta and the Money2020 Conference in Las Vegas. In the second run company is going to ship over 25 units in late November. The company is now accepting orders for the third run, which will ship in the first quarter of 2014. Image source: Lamassu Bitcoin Machine Demo
Cointelegraph has partnered with Coin ATM Radar, which regularly updates a helpful and navigable Bitcoin ATM map, to get the most comprehensive data about new BTMs as they go online. According to Coin ATM Radar’s data as of November 3, there are 290 live BTMs around the world. Below are a few that were installed and began operations last week, which include new machines in the Middle East and Southeast Asia, plus four new Bitcoin ATMs in the United States. Asia / Middle East Saudi Arabia’s first BTM is a one-way Lamassu at Ticket Computers in Jubail. The operator charges …
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The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations. Moreover, the revelation places Spain as the highest contributor to crypto ATMs in Europe, which represents 14.65% of total installations in the continent, followed by Switzerland (144 ATMs), Poland (142 ATMs) and Romania (135 …
The Australian city of Coolangatta has got its first Bitcoin (BTC) ATM with integrated Lightning network capabilities. The new ATM has been installed at The Strand shopping center in Coolangatta and is now available for use by the public. A Bitcoin Lightning ATM works quite similarly to traditional Bitcoin ATMs but saves significant time because of the instant transaction capabilities of the layer-2 Lightning solution. It also allows for purchasing very small amounts of BTC, mostly in Satoshi (sats), the lowest denomination of Bitcoin, where one satoshi is equal to 0.00000001 BT. At the moment, cryptocurrency ATMs settle transactions on …
The United Kingdom’s financial regulator, Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs). THe FCA and the cyber team at West Yorkshire Police have taken action against several sites in and around Leeds city suspected of hosting illegally operated crypto ATMs. Announcing the news on Feb. 14, the FCA emphasized that no crypto ATM operators in the United Kingdom currency have FCA registration. The authority stated that all crypto exchange providers — including crypto ATM operators — must be registered with the FCA and comply with the U.K. money laundering regulations. “Unregistered crypto ATMs operating …