Bitcoin ATMs seem to be the new fad, and according to this article, one may wind up in Cyprus.
Charging ahead of the bitcoin start-up stampede, Jeff Berwick (Founder of Stockhouse.com and TDV Media), has announced the debut of Bitcoin ATM,
with hope to launch its first machine in Cyprus. This couldn't be more
timely, as Antreas Artemis, head of the island nation's largest bank, has suddenly resigned amidst a banking crisis in the small Mediterranean country.
To try to quell the crisis, which has led some to speculate that Cyprus
might make a disastrous exit from the eurozone, the country will now
enforce weekly withdrawal limits.
Banks, meanwhile, are closed until Thursday, and Cyprus's finance
minister has said that bank accounts with 100,000 euros or more may see
up to 40 percent of those funds converted into bank shares.
Don't forget to check out ATMs for Amateurs by Josef Toth.