Adoption Alert! Uruguay installs its first bitcoin ATM.
to Ámbito, Uruguay’s first crypto ATM was installed in the coastal city of Punta del Este, a major tourist attraction in the region. Uruguay’s first Bitcoin ATM was developed and installed in partnership with two local crypto companies — URUBit and inBierto.
Adolfo Varela, the CEO of inBierto, confirmed that the initiative was 100% funded by the government of Uruguay. inBierto is a crypto investment platform, who is also a member of the Uruguayan Chamber of Fintech , a startup accelerator focused on the fintech sector. URUBit is a decentralized token created in Uruguay and deployed in the Binance Smart Chain .
Last year, an Uruguayan senator introduced a draft bill seeking to regulate cryptocurrency and enable businesses to accept crypto payments.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
First Cryptocurrency ATM Reportedly Installed in Uruguay – Emerging Markets Bitcoin NewsUruguay has reportedly received its first cryptocurrency ATM, which is already installed in Punta del Este, a city located in the southeast of the country.
Read more »
ATM Stolen From Food Mart During First Of Two Break-Ins Reported In Wilmette OvernightPolice are investigating two overnight break-ins in north suburban Wilmette.
Read more »
First Cryptocurrency ATM Reportedly Installed in Uruguay – Emerging Markets Bitcoin NewsUruguay has reportedly received its first cryptocurrency ATM, which is already installed in Punta del Este, a city located in the southeast of the country.
Read more »
Battle of the bots: WTF token launch drains 58 ETHWTF? You can say that again. Users were left confused and disappointed after losing thousands during the WTF token airdrop.
Read more »