Bitcoin ATM to be showcased in front of Canadian Senate Committee

In front of the Canadian Senate Standing Committee on Wednesday, developers of BitAccess, a Canadian bitcoin ATM, will demonstrate the kiosk’s various functions and features and reportedly assist Conservative Senator Irving Gerstein in acquiring some bitcoins. Haseeb Awan, the … [Read more...]

Australia goes Bitcoin – 100 bitcoin ATMs headed down under

Over the past month, we have reported that some nations would be getting Bitcoin (BTC) ATMs, otherwise known as BTMs. New York, Vancouver, Hong Kong and others have installed these machines or on the verge of doing so. Australia plans to outdo them all. According to local news and … [Read more...]

Winnipeg Becomes Latest Canadian City to Get Bitcoin ATM

Toronto, Vancouver and now...Winnipeg? This week, Shawn Stone, co-owner of BitTeller, launched Winnipeg’s first bitcoin (BTC) ATM, otherwise known as a BTM, and could help advance the growing popularity of the digital currency in the Canadian city. It will be located at the Santa … [Read more...]

Canadian Government: “Only Canadian bank notes and coins are recognized as legal tender”

After remaining quiet on the issue for quite some time, the Canadian government has now come out and confirmed that it does not view bitcoin (BTC) as legal tender. Officials say the federal government and the Bank of Canada will continue to monitor developments over the rising … [Read more...]

Bitcoin Boom – ATMs, BitLicenses New York and Toronto

Over the past year, bitcoin (BTC) ATMs have started to become ubiquitous all over the world. Entrepreneurs interested in the cryptocurrency industry have already launched such machines in Vancouver, Hong Kong and San Diego with more being planned in other major metropolitan … [Read more...]