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Japan's Oki launching bitcoin ATM for emerging Asia

Users can link virtual wallets to withdraw local cash

The new ATM can be expanded with a range of features.

TOKYO -- Bitcoin holders can withdraw local currency from their virtual wallets with new ATMs from Oki Electric Industry, which is targeting China and other emerging nations where the cryptocurrency is on the rise.

The ATM-Recycler G8 ships this month. It lets users link their online bitcoin wallets to the machine in order to withdraw funds based on the virtual currency's market price, as well as deposit physical cash into their digital stashes.

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