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Australian Bitcoin Adoption Increases Following Regulatory Amendments

Markets and Prices In recent months, the Australian government has sought to amend its bitcoin regulations – which were previously notoriously unfavorable to businesses and individuals seeking to use and adopt cryptocurrency. The Australian cryptocurrency industries have since shown signs of significant growth, with many industry insiders attributi

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Bitcoin, Dash Can Now Be Spent at 40 Million Stores Worldwide, Thanks to Wirex Debit Card

Digital currency could quite possibly be transformative, providing a paradigm shift in the world’s interactions with money and finance. As Jihan Wu, CEO of Bitmain, recently blogged:“[Bitcoin] essentially rolls gold, cash, and our credit card system into one. It takes the strengths of each and leaves the weaknesses behind. It has the limited supply quality of gold, but can be used to purchase

BitJob Partners with Bitcoin Brains for ATM Access

BitJob, the first global marketplace for student employment to be built on the blockchain, has announced a new collaboration with Canadian bitcoin brokerage Bitcoin Brains. The partnership will leverage the student community, which BitJob aims to engage in cryptocurrency-related employment, to expand the country’s network of bitcoin ATMs and introduce a new generation of people to the benefits o

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ATM Operator BitcoinPlug Considers “Core an Attack Against Bitcoin”

It is evident there will continue to be a lot of bickering regarding Bitcoin. Whichever form of this currency may succeed in the end, things have turned into a kindergarten as of right now. Bitcoin, Bitcoin Cash, and SegWit2x all claim to be the real Bitcoin blockchain. Whether or not that will be the case, remains to be seen. All claims are valid,  but BitcoinPlug has taken a rather unusual

Bitcoin ATM provider taps Transtrack for cash management

Oct. 5, 2017Byelex Multimedia Products B.V., a supplier of bitcoin ATMs in the Netherlands, has tapped Transtrack International B.V., a cash management software provider, for management of physical cash in its expanding network."Using Transtrack's [CashWebCommunity] software and partners brings the maturity and stability that is required to bring our Bitcoin ATM network to the level of service tha

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Argentina Jumps on Bitcoin ATM Bandwagon with 200 Expected in October

Argentina is set to receive 200 ‘bi-directional’ Bitcoin ATMs next month in an initiative responding to the “world monetary order changing.”Speaking to local news outlet CryptoNoticias, CEO of organizer Odyssey Group Sebastian Ponceliz said there would be multiple benefits of the machines in a country where economic policy was an early driver of consumers towards Bitcoin.“The idea was bo

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Number of Bitcoin ATMs Will Increase in Australia from 20 to 500

Australia could gain up to 500 two-way Bitcoin ATMs following a partnership between two native fintech firms.Under the deal between Stargroup and Digital X, bespoke ATM software will run in tandem with a special API to ‘retrofit’ Stargroup’s standard ATMs with Bitcoin purchase and sales functionality.Once complete, a full roll-out would see the number of Bitcoin ATMs increase in multiples fr

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Stargroup’s 500 Australian ATMs Will Receive Two-way Bitcoin Functionality

Bringing Bitcoin to the masses is a very tough challenge. It becomes even more difficult without convenient ways to purchase cryptocurrency. Stargroup, an Australian fintech firm, runs around 500 ATMs in the country. Through a new partnership with Digital X, they will provide two-way Bitcoin ATM solutions moving forward. It is evident the Bitcoin ecosystem will keep growing in Australia for quite

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First Bitcoin ATM in Malta Doesn’t Dispense BTC to Customers

Bitcoin ATMs are a great tool to introduce the population to cryptocurrency. Malta recently received its first cryptocurrency ATM. Unfortunately, it seems things aren’t going as well as originally expected. After just one month, several issues have arisen. One glitch in particular will eat the customer’s cash and not return any bitcoins. This is a big problem for Gabriel Cretu Torica, who oper

U.S. Lawmakers Aim to Protect Bitcoin Users from Government Harassment

Regulation Members of the U.S. government are steadily preparing legislation towards the use of cryptocurrencies. Some representatives from Congress want to add strict regulatory guidelines, and some of them believe virtual currencies can never be compliant. According to reports, three members of Congress are in the midst of drafting legisl

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