Santo Blockchain has introduced it is going to set up 50 Bitcoin ATMs in Panama in early 2022. The nation is buying these ATMs to maintain up with El Salvador’s current adoption of bitcoin as forex, in line with a report by Cointelegraph.
Santo Blockchain plans to take a position $1 million into Latin America as a part of its plan to put in 300 Bitcoin ATMs within the area.
“Santo is on a journey to assist convey a brand new wave of crypto banking, funding and commerce to over 400,000,000 individuals in Latin America which are unbanked or unbankable, together with 10% to fifteen% of the Hispanics in the USA that are also unbankable,” Frank Yglesias, CEO, Santo Blockchain, mentioned within the report.