Robocoin has announced that the first Bitcoin ATMs in the U.S. will be installed later this month in Seattle, and Austin, Texas.
The teller machines will allow users to buy and sell Bitcoin, by swapping the currency for cash or depositing money in exchange for more of the stuff. Accessing Bitcoin held in a virtual wallet on users’ smartphones, the machines will also read government-issued identification—like a driver’s license or a passport—to confirm identity.
Robocoin already has an ATM in Vancouver, but this news marks the arrival of the devices in the U.S.. There are plans to roll them out to Asia and Europe in the coming months, too. Will you be using them? [Reuters]
