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

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.