CandleFocus Spain’s BitBase to install first crypto ATMs in Argentina by 2025
2024-12-17
Author: Content Editor
Spanish crypto company BitBase plans to install its first cryptocurrency ATMs in Argentina by 2025, as digital asset adoption increases in Latin America. The company is investing $524,000 to support its launch, which will fund the purchase of new ATMs, the opening of physical stores, and compliance with local regulations. BitBase aims to strategically place its ATMs across Argentina and will also offer in-person support and educational services. The expansion into Argentina comes as businesses and regulators in the country embrace digital assets, with Bitcoin increasingly viewed as a hedge against economic instability caused by high inflation.
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