First Bitcoin ATM to Debut in NYC

(New York Post) Bitcoin ATMs are coming to the city. Brooklyn native Willard Ling, 30, is set to introduce the first Bitcoin ATM to New York City.

After scouting locations, he has chosen the East Village bubble tea shop Just Sweet, on 3rd Avenue and 12th Street. He is now in talks with the owners on a rent deal.

State regulators with the Department of Financial Services are expected to hold hearings later this month to discuss Bitcoin and how it should be regulated.