News 2.0

ATMs in South Korea will be selling bitcoins

Image: Cointelegraph

South Korean Corporation Hyosung, which manufactures ATMs, announced the launch of the option, allowing you to buy bitcoins.

The new service will be implemented in partnership with Just Cash startup. Updates for ATMs are already available. After buying bitcoins, you will receive a check. You will be able to transfer BTC to your wallet by scanning QR-code. You won’t have to install any additional apps.

Enterprising bankers want to extend the option for Ethereum and other cryptocuttencies, and add the function of withdrawal of money.

Hyosung Corporation operates in diverse sectors, including mechanical engineering, IT, construction and chemical industries. According to statistics of 2015, company’s net annual income was $451 M.