Over 1,600 cryptocurrency ATMs are coming to Argentina

BusinessOctober 4, 2018, 3:13PM EDT
Over 1,600 cryptocurrency ATMs are coming to Argentina
Partner offers

We'd love your feedback.

Advertisement

Two companies, Athena Bitcoin and Odyssey Group, announced plans to launch cryptocurrency ATMs in Argentina to meet consumer demand. Argentina's hyperinflation paired with its economic problems has accelerated the adoption of Bitcoin and other cryptocurrencies. Athena Bitcoin plans to launch 30 ATMs by the end of 2018, while Odyssey Group hopes to install 1,600 ATMs by the end of 2019. (Source: Reuters)