Bitcoin ATMs added 106 new units worldwide in 2017— a 7.5 percent jump from the prior yearU.S. and Canada, combined, have almost 73 percent of the global market with 1,104 bitcoin ATMs
CIIX, in addition to agreeing to a bitcoin ATM installation at its San Gabriel, California, offices, also broadcasts ‘Bitcoin Multimillionaire’, a daily video on bitcoin news emanating from the NYSE
ChineseInvestors.com, Inc. (OTCQB: CIIX) has jumped into the growing global market for bitcoin ATMs. According to Coin ATM Radar, installations of the ATMs are on pace to grow by 7.5 percent to 1,515 units across 19 countries this year (http://cnw.fm/v3Kqr). CIIX agreed for Blockchain BTM, LLC, to add one such unit in the lobby of its San Gabriel, California, headquarters (http://cnw.fm/V9aVj). Blockchain BTM, with its CIIX location unit, increased the number of its installed machines to nine, all located in California (http://cnw.fm/S1xnu).
This installation also means a greater commitment by CIIX to bitcoin education and marketing. It is a strategy for CIIX to reach the Chinese-speaking community worldwide with bitcoin marketing, even though Chinese regulators have banned sales of bitcoin. At the same time, Chinese regulators see potential in the blockchain technology behind bitcoin, according to a report by CNBC (http://cnw.fm/Qd0CG).
Read the full article