Tuesday, March 19, 2019

Dubai Scores Cash for Crypto with the City’s First Bitcoin ATM

Dubai, the most populous city of the United Arab Emirates, has just received its maiden bitcoin ATM, giving locals and tourists alike the opportunity to purchase cryptocurrency. It’s kind of a big deal, considering that Dubai is a city whose locals have a taste for luxury and which boasts landmarks such as one of the world’s largest shopping malls and the world’s tallest building. The bitcoin kiosk, which accepts cash for crypto, is already operational and is located at Rixos Premium, a 5-star hotel in JBR, which is in “the heart of Dubai’s Jumeirah Beach Residence.” We have installed a

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