The Jakarta Post, Jakarta | Business | Wed, September 10 2014, 9:25 AM
Bitcoin Indonesia has dismissed rumors that it will launch its first-ever ATM in Bali this year.
According to Bitcoin Indonesia CEO Oscar Darmawan, the company will instead operate a bitcoin vending machine, which will allow users to purchase bitcoins for a variety of purposes. “The machine will not dispense money like regular ATMs, but instead it will dispense bitcoins. So, the term ‘vending machine’ is more appropriate than ‘ATM’,” he said on Tuesday.