Spain will see 100 Bitcoin ATMs in 2022

Spain will get a third share in this crypto market, according to the number of ATM kiosks.

Currently the implementation of crypto and Blockchain is on a large scale. Many crypto companies are trying to bring in high technology to bring about the issue of cryptocurrency use and their operations. Bitcoin ATM Kiosks are one of the examples of doing business in the crypto industry. Currently, the US is at the top in terms of the number of Bitcoin ATMs available in several locations.

The Spanish payment company Bitcoin Bitnovo established a agreement and the Euro coin. Under the agreement, the two companies will establish 100 Bitcoin ATMs in Spain, this year.

Eurocoin is a well-known European company, which offers a wide range of electronic devices. The Eurocoin Group was formed in 1973 and there are now 6 offices throughout Europe, which is a clear indication of how the company is operating, in Europe.

If we see Spain in Europe in terms of hosting Bitcoin ATMs, then Spain will come first. And now, with all these 100 new Bitcoin ATMs, Spain will be the third largest in the world.

Currently, the US and Canada stand at the top two sites with the highest numbers of Bitcoin ATMs. Recently, the introduction of Bitcoin as an official license by the United States Savior also led to the birth of more than 200 Bitcoin ATMs in the US.

The new installation of Bitcoin ATMs supports Ethereum (ETH), Tether (USDT), and Monero (XMR) alongside Bitcoin.

Fernando Dumont, CEO of Eurocoin, spoke about the deal and described the deal as a major move for the company in the crypto industry.

Dumont also emphasized that such a shift in crypto-currency and social media will help to establish the existence of crypto and traditional payment systems together.

Read more: Former CFTC chairman Giancarlo became a strategic Adviser at CoinFund

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