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Israel shelters first Bitcoin ATM in The Middle East

Wednesday 11 June 2014 13:27 CET | News

Israel has witnessed the launch of the first Bitcoin ATM in the Middle East, coindesk.com reports.

The ATM is manufactured by Robocoin, a US-based company which produces Bitcoin-based ATMs, and it has built-in security features to prevent theft and fraud that are compliant with anti-money laundering regulations, according to a press release, cited by the same source.

In recent news, Robocoin has launched its first ATM machine in China, coindesk.com reports.


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Keywords: Israel, Bitcoin, ATM, The Middle East, Robocoin, anti-money laundering, regulations, online payments, accounts
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