BITCOIN INDONESIA: Singapore Bitcoin ATM Producer Tembusu

Has anyone used the Tembusu bitcoin ATM yet? ANy reviews on it?

If you have bought/sold BTC, how was your experience using Tembusu?
http://e27.co/tembusu-terminals-releases-first-made-singapore-bitcoin-atm/
submitted by pepsi_light_addct to Bitcoin [link] [comments]

Tembusu Systems, the creator of Singapore's first bitcoin ATM machine, has secured $1.2 million in bridge funding to develop a system using cryptocurrency technology.

Tembusu Systems, the creator of Singapore's first bitcoin ATM machine, has secured $1.2 million in bridge funding to develop a system using cryptocurrency technology. submitted by bit_moon to Bitcoin [link] [comments]

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding submitted by montseayo to Bitcoin [link] [comments]

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding submitted by CryptoJunky to CryptoCurrency [link] [comments]

Bitcoin ATMs on decline in Asia: Tembusu Systems' Jarrod Luo

Bitcoin ATMs on decline in Asia: Tembusu Systems' Jarrod Luo submitted by vlarocca to Bitcoin [link] [comments]

Singapore Firm Tembusu Launches Customizable Bitcoin ATM

Singapore Firm Tembusu Launches Customizable Bitcoin ATM submitted by BTCNews to BTCNews [link] [comments]

Bitcoin ATM Start-Up Tembusu Receives $237K USD in Seed Funding

Bitcoin ATM Start-Up Tembusu Receives $237K USD in Seed Funding submitted by BTCNews to BTCNews [link] [comments]

Bitcoin ATMs on decline in Asia: Tembusu Systems’ Jarrod Luo

Bitcoin ATMs on decline in Asia: Tembusu Systems’ Jarrod Luo submitted by tonewsto to ToNewsTo [link] [comments]

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding

Singapore Bitcoin ATM Producer Tembusu Gets $300,000 Seed Funding submitted by BTCNews to BTCNews [link] [comments]

Various Bitcoin "ATMs" with KYC/AML aspects briefly listed. (22 brands)

Bitcoin "ATMs" (AKA vending machines/kiosks/branches/BTMs/CTMs) continue to spread around the planet. Here is a current snap-shot of most of the manufacturers with some further information about their products.
Just as operators of various machines may decide on what colour or graphics the machine has, operators may also have optional Know Your Customer (KYC) and Anti-Money Laundering (AML) features at their disposal. Companies like BitPay, Coinjar, Kraken, Mt Gox (did), Bitstamp, Coinbase etc require your ID. Our face is the biometric most commonly used by people and governments alike for ID. Fingerprints are less commonly utilised as a biometric ID by governments. Banks commonly use our face as a biometric ID.
1W=cash to bitcoin (one way). 2W=cash or CC to bitcoin and the reverse, "Cash out" (two ways)
AML aspects would typically include daily transaction amount limits. Operators may set AML limits on their machines.
Here is one apparent operators thoughts: (I hope re-posting is OK)
"I operate a Lamassu kiosk and while the manufacturer has recently developed software enhancements to comply with KYC/AML regulations, I have chosen not to implement them. Yeah, my ass is on the line here, but I've used the Robocoin machine and felt it was very intrusive. I like the idea of anonymity and I don't want to have to keep records of my customers' identities and monitor their private transactions. That's not Satoshi's way, nor is it mine. So far, I'm operating well under the radar and I'm not very worried about it (though some attorneys have warned me that I am taking a huge risk by following this path). I have a FinCen license, but there are no final state licensing regulations (yet), so until they tell me what I have to do to stay out of jail, I will continue to operate my machine as it was shipped, without collecting personal information from the users. The only "compliance" feature I've turned on so far is a maximum transaction limit of $500 USD. This is partly to avoid having to file Suspicious Activity Reports, but mainly to keep me from running out of bitcoins on a daily basis." - by Magg0tt
submitted by BitcoinOdyssey to Bitcoin [link] [comments]

There is a new player in the world of bitcoin ATMs, Singapore-based Tembusu Terminals.The company has just installed Singapore’s first permanent bitcoin ATM at a bar in the Boat Quay district. Having just launched a bitcoin ATM in Singapore, Tembusu has reportedly received nearly $237,000 USD in seed funding, according to a report published by bitcoin news website CoinDesk. The money has come from undisclosed investors in the city-state for a near 6 percent equity stake in the company. Bitcoin to cash and cash to bitcoin service providers. There are many ways to buy and sell bitcoins for cash without using a bitcoin ATM.There are many providers doing this. Some are using existing networks of traditional bank ATMs, or existing network of mobile payment terminals, others use retail chains and allow to buy bitcoins via cashier desk etc. There is a new player in the world of bitcoin ATMs, Singapore-based Tembusu Terminals. The company has just installed Singapore’s first permanent bitcoin ATM at a bar in the Boat Quay district. Tembusu says it is talking to other merchants who would like to install the company’s ATMs, too. Now, Tembusu Terminals, a joint venture between cryptocurrency research, consultancy firm Estates General, and software and hardware development studio Red Steed Studios, has unveiled Singapore’s first locally-designed and made Bitcoin ATM. According to Tembusu Terminals, the machine, eponymously named the Tembusu, will have options to

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