Cash-for-bitcoins: World’s first palm scan-activated bitcoin ATM to open in Canada

The machine will exchange bitcoins for Canadian dollars via Canada’s VirtEx exchange. The transactions themselves will be anonymous, the vendor says, but clients will have to identify themselves via a palm scanner first.

This is done to enforce Canadian anti-money laundering laws, due to which the ATM will only allow transactions of up to 3,000 Canadian dollars (around $2,700) per day per customer.

The four other ATMs will be rolled out in Canadian cities such as Toronto, Montreal, Calgary or Ottawa in December, the company says.

http://rt.com/news/bitcoin-atm-canada-first-799/

 

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