Las Vegas-based Robocoin has announced that CEO Jordan Kelley is en-route to Rome to present to the Italian Parliament and launch the first Bitcoin ATM in Italy on the 26th of June.
On the matter, Kelley said that “this is an opportunity to help educate and have meaningful conversations with Italy’s influential government. Italy is full of cultural tastemakers and has a rich history in banking and finance. These all support Robocoin’s goal of helping proliferate Bitcoin.”
Specifically, Kelley is said to be presenting the Robocoin’s AML (anti-money laundering) and KYC (know-your-customer) features (which includes biometric scanners), which will be a part of the fourth-annual “No Cash Day”, an event that’s been promoted by Parliament member Sergio Boccadutri (and organized by CashlessWay).
Representatives from Hyperion, Unicredit, the Italian Banking Association, MasterCard, the Bitcoin Foundation and more will be joining Kelley.
From the announcement:
Headlined by the event “Bitcoin in the real economy,” this public hearing at the Chamber of Deputies (which, along with the Senate, form the Italian Parliament) will feature lawmakers, bankers, public utility representatives and entrepreneurs debating Bitcoin’s potential in real economy. Supporters are expected to be advocating laws to integrate Bitcoin in the Italian economy. A variety of cyprocurrency-centric topics will be examined including business opportunities, tax implications and controls to avoid criminal activities.
After the presentation, Jordan Kelley will depart the Parliament and head over to Luiss EnLabs (a leading Italian incubator) inside Termini Station to activate the first Robocoin in the country.
The event will be livestreamed.
The news comes just two months after Kelley traveled to the Capital of the United States to present the Robocoin to influential lawmakers on Capitol Hill.