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The first Bitcoin ATM in the British territory of Gibraltar has been installed. The European tax haven on the southern coast of Spain already has a few Bitcoin businesses and the government is currently working on a regulatory framework for digital currencies.
Gibraltar’s first Bitcoin ATM (BTM) was installed in the reception area of the World Trade Center Gibraltar, the center announced last week. The British Overseas Territory on Spain’s south coast has a population of about 34,408 as of 2016. The BTM accepts British pound sterling, Gibraltar pounds as well as Euro notes.
The Source!
Gibraltar’s first Bitcoin ATM (BTM) was installed in the reception area of the World Trade Center Gibraltar, the center announced last week. The British Overseas Territory on Spain’s south coast has a population of about 34,408 as of 2016. The BTM accepts British pound sterling, Gibraltar pounds as well as Euro notes.
The Source!
I am sure this can help Bitcoin get more popular in Gibraltar and in Spain in general. This and many development can be one of the big reasons why it is insulting that some people are comparing Bitcoin with the many bubbles in history especially that of the tulip bulb bubble.
Right now, there are so many companies and moneyed individuals who are planning to link with Bitcoin in order to be part of the bandwagon and as a result also make some money out of this new innovation and revolution. Cryptocurrency is really here to stay and Bitcoin is at the forefront of this great financial revolution!