The world’s second Bitcoin ATM is due to land in Hong Kong by the end of this month, according to U.S. based software company Robocoin.
The machine, available for sale to individual operators such as banks and private entrepreneurs, allows users to buy or sell Bitcoin in just a few minutes.
The process should be much faster than setting up an account on an exchange or via mobile apps and computers which could take a few days for account verification.
The advent of Bitcoin ATMs is seen as a step towards bringing the digital currency into the real world.
Read the full article on CNN here.
How is that going to be affected by China’s hardcore legal naysaying on Bitcoin?
Chinese Bitcoin traders are already doing workarounds: http://www.ft.com/intl/cms/s/0/b7ae1ea6-76ce-11e3-a253-00144feabdc0.html
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