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Canada claims Bitcoin throne

Canada can claim first place for number of Bitcoin ATMs, or BTMs, according to BTM provider CAVIRTEX, which launched six new machines in Toronto and has plans for four more in Vancouver, Niagara, Ottawa and Halifax. 

Canada now has more BTMs than any place in the world, the company said in the announcement. The machines have found homes at Gateway Newsstands around Toronto. Ottawa-based provider of hardware and software BitAccess built the BTMs, which can hold up to $3,000 (Canadian) worth of Bitcoin. 

"Launching these Bitcoin Teller Machines in Canada is a significant milestone that will let anyone with a cell phone and cash buy Bitcoins instantly," CAVIRTEX CEO Joseph David said in the release. "It's a big first step working with BitAccess and Gateway Newstands, and as demand increases we plan to install more BTMs across the country."