9 March 2014

South Korea Launches its First Two-Way Bitcoin ATM

South Korea is the latest country to introduce its first bitcoin ATM. Not only is the machine produced locally by a home-grown company, it is also two-way, meaning users can also sell bitcoins and withdraw cash.


The machine, which officially began operating yesterday, sits in the Coffee Sedona cafe in one of Seoul’s largest shopping malls, the Coex Mall which is also close to the Coex Intercontinental Hotel and a casino in the city’s world famous Gangnam district. For those wanting to buy bitcoins, it accepts cash and credit cards.


IMG_7143


Continue reading at CoinDesk


March 09, 2014 at 10:25AM