4,000 New Crypto-Compatible ATMs to Open Across Argentina

[kreslik.news]

A decision by the Central Bank of the Argentine Republic to ease regulations on automatic teller machines has led to the creation of a plan to install 4000 new crypto-compatible ATMs, according to a Bitcoinist report.

While the change in regulations does not mention anything about cryptocurrency specifically, the regulations have been adjusted in two key ways: first, they now allow for the installation of ATMs outside of banking establishments (ie grocery stores, pharmacies).

Second, private companies are now allowed into the ATM industry. Previously, operating licenses were only granted to international Link networks and the local banking network Banelco.

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