Ireland’s first Bitcoin ATM unveiled in Dublin

New terminal will allow users of digital currency to manage their cash

The first Bitcoin ATM has been unveiled in Dublin, giving users of the digital currency a new way to access their money. The ATM is located in GSM Solutions on Upper Abbey Street.

Ciara O'Brien

Thu Mar 13 2014 - 13:50

The first Bitcoin ATM has been unveiled in Dublin, giving users of the digital currency a new way to access their money.

The ATM is located in GSM Solutions on Upper Abbey Street. The company, which offers electronic repair services, will also accept the payment for products sold in their store.

The company behind the new ATM is Bitvendo, an Irish startup that says it hopes to expand the ATMs throughout Ireland.

Open source currency Bitcoin has been under the spotlight lately as its value fluctuated wildly in the wake of bitcoin exchange Mt Gox filing for bankruptcy.