{"id":193700,"date":"2021-06-25T20:00:43","date_gmt":"2021-06-25T19:00:43","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=193700"},"modified":"2021-06-25T14:05:11","modified_gmt":"2021-06-25T13:05:11","slug":"el-salvadors-soon-getting-1000-bitcoin-atms","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/el-salvadors-soon-getting-1000-bitcoin-atms\/","title":{"rendered":"El Salvador&#8217;s soon getting 1,500 Bitcoin ATMs"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Chicago-based US company, Athena Bitcoin, which operates Bitcoin (<\/span><a href=\"https:\/\/cryptoslate.com\/coins\/bitcoin\/\"><span style=\"font-weight: 400;\">BTC<\/span><\/a><span style=\"font-weight: 400;\">) and other cryptocurrency ATMs throughout North and South America, announced plans to expand its network in El Salvador, according to <\/span><a href=\"https:\/\/cnnespanol.cnn.com\/2021\/06\/24\/bitcoin-red-cajeros-el-salvador-orix\/\"><i><span style=\"font-weight: 400;\">CNN<\/span><\/i><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company that operates a large ATM network, which stretches from Michigan to Puerto Rico in the US and has operating terminals in Argentina and Colombia, is set to expand their coverage in El Salvador by installing 1000 ATMs in the coming months.<\/span><\/p>\n<h2><strong>Percentage charge<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">El Salvador has a Bitcoin ATM in Playa El Tunco, from another operator, while Athena Bitcoin operates a nearby terminal on Playa El Zonte and most recently installed one closer to the capital in a shopping center in Antiguo Cuscatl\u00e1n.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company that operates the terminal charges a percentage for purchasing cryptocurrencies through an ATM, the same as for crypto-to-dollar conversion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><i><span style=\"font-weight: 400;\">CNN<\/span><\/i><span style=\"font-weight: 400;\">, the authorities said that the percentage was under analysis. <\/span><span style=\"font-weight: 400;\">Meanwhile, the Chicago-based operator announced their network expansion in El Salvador on Twitter and asked the El Salvador president Nayib Bukele if 1000 ATMs will suffice.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c1,000? How about 1,500?\u201d responded Bukele, making his stance clear.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">1,000? How about 1,500?<a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&ref_src=twsrc%5Etfw\">#BTC<\/a>\u267b\ufe0f??? <a href=\"https:\/\/t.co\/PDApT7M7T5\">https:\/\/t.co\/PDApT7M7T5<\/a><\/p>\n<p>&mdash; Nayib Bukele ?? (@nayibbukele) <a href=\"https:\/\/twitter.com\/nayibbukele\/status\/1405299636013764610?ref_src=twsrc%5Etfw\">June 16, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><strong>Adoption developments\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">El Salvador\u2019s Congress passed a bill that gave <\/span><a href=\"https:\/\/cryptoslate.com\/bitcoin-is-now-legal-tender-in-el-salvador\/\"><span style=\"font-weight: 400;\">legal tender<\/span><\/a><span style=\"font-weight: 400;\"> status to Bitcoin, which will enforce the use of cryptocurrency within three months, while the World Bank <\/span><a href=\"https:\/\/cryptoslate.com\/the-world-bank-wants-no-part-in-el-salvadors-bitcoin-revolution\/\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\"> it will not help the country to implement the legislation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the World Bank, the International Monetary Fund (<\/span><a href=\"https:\/\/cryptoslate.com\/el-savadors-relationship-with-the-imf-turns-complicated-after-new-bitcoin-bill\/\"><span style=\"font-weight: 400;\">IMF<\/span><\/a><span style=\"font-weight: 400;\">) also condemned El Salvador\u2019s move to legalize Bitcoin, <\/span><a href=\"https:\/\/cryptoslate.com\/imf-sounds-legal-economic-alarms-over-el-salvadors-bitcoin-adoption\/\"><span style=\"font-weight: 400;\">stating<\/span><\/a><span style=\"font-weight: 400;\"> its macroeconomic, financial, and legal concerns regarding the adoption process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nonetheless, the adoption process that raised a lot of steam has begun as the country <\/span><a href=\"https:\/\/cryptoslate.com\/el-salvador-releases-sneak-peek-of-volcanic-bitcoin-mining\/\"><span style=\"font-weight: 400;\">proposed<\/span><\/a><span style=\"font-weight: 400;\"> geothermal energy generated via volcanoes to power crypto mining farms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">From mining to distribution, El Salvador is expanding its crypto infrastructure and paves the way for <\/span><a href=\"https:\/\/cryptoslate.com\/all-these-latin-american-countries-want-to-adopt-bitcoin-and-quick\/\"><span style=\"font-weight: 400;\">others<\/span><\/a><span style=\"font-weight: 400;\"> that are getting prepared to follow.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago-based US company, Athena Bitcoin, which operates Bitcoin (BTC) and other cryptocurrency ATMs throughout North and South America, announced plans to expand its network in El Salvador, according to CNN. The company that operates a large ATM network, which stretches from Michigan to Puerto Rico in the US and has operating terminals in Argentina and [&hellip;]<\/p>\n","protected":false},"author":699,"featured_media":193728,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[76769],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>El Salvador&#039;s soon getting 1,500 Bitcoin ATMs<\/title>\n<meta name=\"description\" content=\"US company Athena Bitcoin that operates Bitcoin (BTC) and other cryptocurrency ATMs plans to expand its terminal network in El Salvador.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/el-salvadors-soon-getting-1000-bitcoin-atms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Salvador&#039;s soon getting 1,500 Bitcoin ATMs\" \/>\n<meta property=\"og:description\" content=\"US company Athena Bitcoin that operates Bitcoin (BTC) and other cryptocurrency ATMs plans to expand its terminal network in El Salvador.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/el-salvadors-soon-getting-1000-bitcoin-atms\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-25T19:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-25T13:05:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/06\/elsalvador-bitcoin-atm.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ana Grabundzija\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ana Grabundzija\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/el-salvadors-soon-getting-1000-bitcoin-atms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/el-salvadors-soon-getting-1000-bitcoin-atms\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#person\",\"name\":\"Ana Grabundzija\",\"url\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/ana-grabundzija\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/05\/cs-author-ana-300x300.jpg\",\"caption\":\"Ana Grabundzija\"},\"jobTitle\":\"Journalist\",\"description\":\"Dr. Ana Grabundzija is a Zagreb-bred writer with an academic background in anthropology. 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