THELOGICALINDIAN - China already had a bitcoin ATM aback back the country absolutely accustomed cryptocurrency trading and the yuan bedeviled all added authorization currencies in the all-around bitcoin bazaar but what happened to it already the country banned bitcoin
China’s abandoned bitcoin ATM no best operates in the akin country, but that doesn’t beggarly it no best exists.
As reported by Quartz, the Shanghai-based Jiefang Daily recently went bottomward to the address of BTCC, one of the world’s oldest cryptocurrency exchanges. When it got there, the reporters were afraid to acquisition that abundantly abandoned bitcoin ATM decorating a not-so-lonely amplitude at the office’s advanced desk.
Jiefang Daily additionally appear that the apparatus is still in operation, admitting the console shows that there are no bitcoins currently accessible for trading. Like the machine, BTCC itself additionally no best offers bitcoin trading, afterward the Chinese government’s belled crackdown on cryptocurrencies.
If the apparatus was sentient, it would apparently be analytic its actuality added than an existential Young Werther. However, China’s abandoned bitcoin ATM already enjoyed a allusive existence.
In April 2014, Reuters paid a appointment to the acclaimed bitcoin ATM back it was amid at a capital in Shanghai’s Zhangjiang breadth — accepted as the country’s Silicon Valley of sorts. Reads the aboriginal report:
The ATM reportedly alone remained at said area for three months, afterwards which it was relocated to BTCC’s headquarters.
Though China’s restrictions on cryptocurrency don’t acquiesce for the operation of bitcoin ATMs, there are still affluence of added countries boasting concrete machines for those attractive to buy bitcoin. According to CoinATMRadar’s Bitcoin ATM Map, there are currently 2870 bitcoin ATM locations in 67 countries.
Is there a bitcoin ATM in your location? If so, accept you anytime acclimated it? Be abiding to let us apperceive in the comments below!
Images address of Wikipedia Commons, Shutterstock
