Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022.
A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama City, Santo Blockchain will invest a total of $1 million into Latin America in general next year as part of its 300 Bitcoin ATM plan.
Santo Blockchain announced Panama would be the first country to benefit from its newly purchased Bitcoin ATMs, while Colombia and Costa Rica are the next on its radar.
Panama has become an increasingly crypto-friendly jurisdiction. In September, a new bill was drafted to
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