International Accreditation Program for Bitcoin ATM Operators

The ATM Industry Association (ATMIA) believes Bitcoin isn’t a threat to neither cash nor established electronic payments methods, but recommends increased control and support among the Bitcoin ATM network.

In light of the increasing number of Bitcoin ATMs installed across the world, the non-profit trade group the ATMIA issued on September 4, its position paper on Bitcoin and digital currencies, concluding it didn’t consider the technology as a potential threat to the traditional electronic payments methods, while expressing its desire to collaborate with Bitcoin ATM operators. However, the organization shared a series of guidelines, mostly regarding support and supervision, which it believes would be beneficial for the ATM industry as a whole… CONTINUE