BTMS, or Bitcoin ATMs, allow for an alternative to using either online exchanges or in-person transactions when buying or selling Bitcoin, replicating the process of using ATMs used in traditional banking. This makes them suitable for bringing Bitcoin to new users. Taking Bitcoin to new areas Luca Dordolo, the operator of the first BTM in Italy, sees them as an opportunity to get overlooked demographics to start using Bitcoin. “BTM is a perfect instrument to spread Bitcoins in new areas, especially where Bitcoin is almost unknown. BTM can be the perfect testimonial for this new global currency.” According to Dordolo, …

Bitcoin ATMs are a necessary part of the cryptocurrency infrastructure. Until there will be a robust Bitcoin economy without the need of frequent exchanges to fiat money, their existence could hardly be in doubt. Cointelegraph spoke to two BTM operators in Slovakia: Marián Jančuška, CEO of IT company 0011 and operator of the first European BTM, and Peter Bešina, CEO of Cryptodiggers.eu. Topics include the patterns of people using BTMs, technical reliability of the machines, their future, new projects, and what is the atmosphere like in the Bitcoin community. Cointelegraph: What was the demand like during two years of BTM …

Interpol develops its own altcoin for conducting crime research, Republican presidential candidate Rand Paul believes Bitcoin should not be feared or regulated, and more top stories for April 24. Interpol Develops Altcoin to Conduct Crime Research The recently inaugurated Interpol Global Complex for Innovation (IGCI) located at Singapore recently announced their creation of a proprietary altcoin, to be used solely for research purposes by their cyber-crime division in order to develop new tools for crypto currency related crime detection and prevention. Explaining the move, IGCI Director and former Inspector General of Police with India’s Central Bureau of Investigation Madan Oberoi …

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 …

“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 …