Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM

Buying Bitcoin and Ether Just Got Easier in Honduras With Cryptocurrency ATM

A cryptocurrency ATM has been installed in Honduras where users can buy bitcoin and ether. According to reports, this is the first crypto ATM in the country. Honduras borders El Salvador, where bitcoin is set to become legal tender in a little over a week. Cryptocurrency ATM in Honduras A cryptocurrency ATM launched this week in Honduras, Reuters reported Friday. According to reports, this is the first cryptocurrency ATM in the country. It allows users to buy bitcoin and ethereum using the local lempira currency. The Republic of Honduras is a country in Central America. It borders El....


Related News

Big News: Honduras Creating Land Title Block Chain via Bitcoin

One problem that has plagued governments for centuries is the rightful ownership of property. Revolution or displacement by war have been one cause of this problem, while bold-faced theft by government officials or gangsters has been another. One day you owned it, the next day you didn't. Honduras has faced this problem, especially with the advent of computerized records. According to the U. S. Embassy in Honduras: Honduran laws and practices regarding real estate differ substantially from those in the United States, and fraudulent deeds and titles are common. U. S. citizens considering....

Bitcoin Technology Will Revolutionize Practice of Law

Yes, you read it correctly! Apart from the widely-known applications in financial and payments industry, Bitcoin technology has the potential to transform the 'Practice of Law.' Practice of Law generally refers to lawyers giving legal advice to clients, drafting legal documents for clients, and representing clients in legal negotiations and court proceedings such as lawsuits. Notably, it also implies that those law firms and lawyers who are appreciative of the true potential of the Bitcoin technology will definitely gain a decisive advantage over their disinterested peers. Bitcoin and Law....

Blockchain Land Title Project 'Stalls' in Honduras

Blockchain recordkeeping startup Factom has issued new public comment on its long-contentious partnership with the government of Honduras, calling a previously announced proof-of-concept "stalled". In a new blog post, Factom CEO Peter Kirby spoke generally about the difficulties of working with global governments on land title projects, but also addressed past questions about the validity of the initiative. Controversy arose earlier this year when doubt was cast on a rumored partnership between Factom and the government of Honduras, which would have found the Central American nation....

As Bitcoin debuts in El Salvador, Honduras and Guatemala study CBDCs

Honduras and Guatemala are studying central bank digital currencies and the value they could bring to their respective monetary systems. Two Central American countries, Honduras and Guatemala, are taking a cue from their common neighbor’s adoption of Bitcoin (BTC), but they are taking a very different road. Instead of embracing an existing cryptocurrency as a legal tender, like what El Salvador did, the central banks of Honduras and Guatemala are currently studying central bank digital currencies or CBDCs.Following the approval of the board of directors, the Central Bank of Honduras kicked....

Institutions Will Start Buying Ether in 2021, Messari Analyst Says

CME Group’s recent announcement that it will launch ether (ETH) futures on Feb. 8, 2021, is the “writing on the wall” that institutions will being buying the cryptocurrency next year, according to a pair of tweets by Ryan Watkins, an analyst at crypto data provider Messari.