Published on August 19th, 2015 | by bitcoin0
Bitcoin ATMS Coming to Greece
Bitcoin ATMs could spring up across Greece as soon as October as citizens and businesses become increasingly desperate to move their money despite capital controls.
BTCGreece, which bills itself as the country’s first bitcoin exchange, plans to eventually install 1,000 ATMs nationwide, in partnership with European bitcoin platform, Cubits.
The ATMs envisaged by Marinos could allow users to convert fiat currency into bitcoin and potentially vice versa.
“In principle, putting bitcoin ATMs into Greece is just as feasible as in any other European country… Greece does not have a prohibitive regulatory environment in this regard,” he told CNBC.