Over 1,600 cryptocurrency ATMs are coming to Argentina
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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)
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Steven Zheng is a researcher for The Block. He joined The Block in August 2018. Steven graduated from St. John’s University with a degree in economics. Previously, he covered blockchain and crypto at Radicle, a startup analytics firm. He also had brief stints at Cheddar, a media startup, and Bowery Capital, a venture capital firm. He owns bitcoin. Follow Steven on Twitter at: @Dogetoshi
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