Bitcoin ATM maker Robocoin announced new plans today to launch a new service called Robocoin Bank. The Las Vegas-based company claims the move would make it “the first Bitcoin bank with a physical presence.” In effect, Robocoin will be adding online banking features to their existing and future bitcoin ATMs, providing new features such as…
Speaking with the Cyprus Mail, a representative of the Central Bank of Cyprus confirmed that Bitcoin is perfectly legal in the country. “Bitcoin is not illegal, but at the same time neither is it subject to control or regulation,” said an unnamed spokesperson for the central bank. The timing of the confirmation is key, as…
Earlier today, the offices of “bank like” Bitcoin service provider Neo opened in Cyprus. The company provides many of the financial services of a bank, such as savings and business accounts, as well as providing access to funds through a debit card-like system powered by their sister company, Bee. The launch is already being hailed…