Bitcoin coming to Australian newsstands

Can you buy bitcoins during a morning run? If you’re in Australia, sure.

Aussies are now able to buy Bitcoin along with newspapers and a pack of gum, thanks to two tech start-ups, which have started rolling out over-the-counter digital currency platforms in some 1,200 newsagents in the land down under, the Australia Financial Review reported.

The project is the brainchild of Sydney-based fintech solutions provider Blueshyft and bitcoin exchange Bitcoin.com.au. Blueshyft is owned by Rupert Murdoch’s nephew, Matth Handbury, while Bitcoin.com.au is a subsidiary of internet mogul Domenic Carosa’s Global Internet Ventures.

This is a first-of-its-kind solution for buying bitcoin with cash since bitcoin exchanges, particularly in Australia, typically facilitate transfers and trades online.