As part of the initiative, SFU will install Bitcoin ATMs at its three bookstore locations in Burnaby, Surrey and Vancouver. The units will be provided by Ontario-based ATM operator BitSent, which boasts eight ATM locations across Canada according to its website.
The news comes at a time when the number of new bitcoin ATMs being added to the Bitcoin network appears to be slowing. Data from CoinDesk’s Q1 State of Bitcoin Report showed a 69% decrease in new Bitcoin ATMs from Q4 2014 to Q1 2015.
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