{"id":2137,"date":"2017-08-09T12:17:17","date_gmt":"2017-08-09T12:17:17","guid":{"rendered":"https:\/\/www.bitcoinsportsbooks.com\/?p=2137"},"modified":"2019-02-07T13:34:56","modified_gmt":"2019-02-07T13:34:56","slug":"maltas-first-bitcoin-atm-sees-warning-from-financial-regulator","status":"publish","type":"post","link":"https:\/\/www.bitcoinsportsbooks.com\/blog\/2017\/08\/09\/maltas-first-bitcoin-atm-sees-warning-from-financial-regulator\/","title":{"rendered":"Malta’s First Bitcoin ATM Sees Warning from Financial Regulator"},"content":{"rendered":"
Malta’s financial regulator has issued a warning with the intention of preventing the adoption of digital currency use after the country installed its first bitcoin ATM.<\/p>\n
At the end of July, it was reported that Malta had installed a bitcoin ATM in the town of\u00a0Sliema where it is operated by Venture Trading. One of its services will be to convert\u00a0bitcoin to euros.<\/p>\n
The installation of the machine marked a significant step for the island nation.\u00a0Local\u00a0startup Ivaja, who introduced the machine to Malta, is focused on making the country a ‘Bitcoin Island.’<\/p>\n
According to the startup, though, many feel that Malta is not ready for bitcoin and too far behind in the race.<\/p>\n