Deploying 1,500 Bitcoin ATMs El Salvador

Bitcoin ATM company Athena Bitcoin has reportedly started installing the 1,500 bitcoin ATMs it promised the country’s president after a law making BTC a legal tender in the nation was approved.

El Salvador’s President Nayib Bukele “presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable,” Athena Bitcoin director for Latin America Matias Goldenhörn told Reuters. “Initially we are going to bring dozens of machines, (we’ll) test what the business model is like in El Salvador, which will probably be different than in the United States.”

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