Paxful, a global p2p bitcoin market, and CoinLogiq, a Medellin-based blockchain company, have just partnered in order to launch 20 crypto ATMs in Colombia and 25 in Peru.
According to a press release shared with Ihodl, Paxful has teamed up with local company CoinLogiq to launch 20 new crypto ATMs in several points of interest in Colombia's largest cities, such as Bogota and Medellin.
As a result of this partnership, residents in these cities will be able to easily purchase bitcoin through several payment methods, such as transfers, gift cards, cash and debit and credit cards.
The South American country is showing great interest in cryptocurrencies. For example, local bank Banco de la República has recently adopted DLT.
While the launch of these ATMs will firstly take place in Colombia, it is expected that both companies also launch other 25 ATMs in Peru in the near future.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.