New York Awards First-Ever BitLicense to Bitcoin ATM Company
Bitcoin ATM operator Coinsource has received a BitLicense from New York's financial watchdog, a full three years after first applying.
The software upgrade can potentially be introduced to approximately 170,000 machines across America.
You can now convert coins to bitcoin at more than 2,000 Coinstar kiosks in 19 different states.
A partnership between two cryptocurrency firms will bring 20 new bitcoin ATMs to cities around Colombia, with plans to expand into Peru.
Bitcoin ATM usage is surging, especially in Latin America, where Venezuelan refugees and others are seeking ad hoc banking solutions.
Supermarket kiosk chain Coinstar will allow consumers to buy up to $2,500 in bitcoin at select grocery stores.