Earlier today, Houston, the country’s 4th largest city, unveiled its first Bitcoin ATM. The city’s first Bitcoin ATM, provided by CoinVault ATM, is not sitting in a small coffee shop or a gun store; instead, it is located just outside of Starbucks in one of Houston’s more frequented buildings: The George R. Brown Convention Center. The December 10th unveiling event was hosted in conjunction by Houston First Corporation, CoinVault ATM, and the Texas Coinitiative. CoinVault ATM also runs Bitcoin ATMs elsewhere in the state in both Austin and Dallas.
— HoustonFirst (@HoustonFirst) December 10, 2014
Houston Enters the Bitcoin Age
Houston First Corporation, the local government corporation that runs the performing arts and convention facilities in the nation’s 4th largest city, is responsible for some of the city’s most visible buildings. Their premiere location, the George R. Brown Convention Center, now houses Houston’s first Bitcoin ATM. Houston First Corporation’s other responsibilities, such as the Miller Outdoor Theatre and the Hilton Americas in Houston, are now that much closer to housing their own Bitcoin ATMs.
Houston is already home to the Texas Bitcoin Embassy, which is strategically located near the University of Houston’s highly regarded business school. Texas has distinguished itself as one of the most forward-facing states when it comes to digital currency. Earlier this year, the Texas Department of Banking published their suggested Treatment of Virtual Currencies Under the Texas Money Services Act. One Texan Congressman, Steve Stockman, has even introduced two pieces of legislation that would benefit the digital currency community as a whole to the House of Representatives: HR 5777 and HR 4706.
What do you think about Houston’s first Bitcoin ATM? Comment below!
Disclosure: Author was a founding member of the Texas Coinitiative.
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