Set to be unveiled in Toronto, Canada between the hours of 7pm and 10pm is the unveiling of Toronto’s first bitcoin ATM. The other bitcoin ATM in Canada is located in a downtown Vancouver coffee shop and is manufactured by Las Vegas-based Robocoin. This ATM, however, is manufactured in Canada (it’s unclear who has made it).
The location in which the ATM resides is dubbed Bitcoin Decentral, a described 5500-square-foot property in downtown Toronto four stories tall. The location is slated to be co-working space for bitcoin-related organizations like the Bitcoin Alliance of Canada, KryptoKit, Cointalk.ca, Etherium, The Toronto Bitcoin Meetup, The Bitcoin Expo 2014, and others, according to an announcement post on Reddit.
It’s an interesting idea, and one that has seemingly come out of the blue. newsBTC has reached out the to individual who made the announcement on Reddit in hopes of getting more information. As of this writing, we have yet to receive a response.
More information as it becomes available.