Express

Honduras' First Cryptocurrency ATM Starts Operation

Mary Liu

Summary: According to Reuters, the first cryptocurrency ATM in Honduras has started operations this week.  The ATM, which is managed by the local company TGU Consulting Group, is called "la bitcoinera" locally. It allows residents to obtain Bitcoin and Ethereum using the local lempira currency. The ATM was installed in an office building in the capital ...

According to Reuters, the first cryptocurrency ATM in Honduras has started operations this week. 

The ATM, which is managed by the local company TGU Consulting Group, is called "la bitcoinera" locally. It allows residents to obtain Bitcoin and Ethereum using the local lempira currency.

The ATM was installed in an office building in the capital Tegucigalpa. TGU CEO Juan Mayen said that many software developers in Honduras have chosen to receive payment in cryptocurrency.

By Mary Liu

Last Update:

Tags: ,,,,
Link: Honduras' First Cryptocurrency ATM Starts Operation   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago

    • You need to login to comment.