Bitcoin is a form of digital currency, created and held electronically. Bitcoin machines are not yet regulated in Canada, however regulations have been officially proposed for all bitcoin exchangers. Consumer Financial Protection Bureau. Retrieved 19 February Bitcoin Core. Find Our Machines. More Americans Choosing Bitcoin ATMs Despite Regulations Despite the higher fees associated with buying or selling Bitcoin via specialized Bitcoin ATMs, quicker and more reliable delivery have seen rising popularity for the machines in the United States, even as ATM networks struggle to expand within strict regulations in the country.