Post
Topic
Board Bitcoin Discussion
Re: Bitcoin ATM: any news after San Diego?
by
kik1977
on 22/08/2013, 18:15:54 UTC
Bitcoin ATMs still sound convenient.  I predict some government will allow them somewhere, no?

What makes you think they are "disallowed" somewhere?licenced

It is not "disallowed" in the US. However, the operator of the ATM would need to be a licensed money transmitter and would need to follow AML rules.

Can you please help me on this: Is it seen in the US as an ATM only if it gives you BTC in return to USD AND vice-versa

or

even if it only gives one BTC from USD? Isn't it seen, in this latter case, as a "vending machine"? It probably depends on the "status" of bitcoins, whether they're seen as a currency or not. That's my opinion but I would appreciate some motivated opinions! Thanks Smiley