“The Robocoin is an ATM for Bitcoins, and for a few glorious days this past weekend, on a conference center floor in San Jose, California, it dished out thousands of dollars in exchange for Bitcoins, the world's most popular digital currency.
The two brothers who built the Robocoin - Mark and John Russell, of Las Vegas - are still trying to figure out what to do with their contraption. But one thing's certain: they don't want to operate it on their own. Mark Russell isn't even sure if that's legal.’
read more>>
And now take a look at the Robocoin Bitcoin Kiosk at work.
Friday 24 May 2013
Legal grey area has Bitcoin ATMs treated as money-laundering machines
Labels:
ATM,
banking,
Bitcoin,
digital money,
e-money,
financial innovation,
innovation,
money