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Uruguay has announced the installation of its first Bitcoin ATM by Cointelegraph

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© Reuters.

Uruguay has installed its first (BTC) ATM, becoming the 11th country in South America to publicly promote crypto adoption. Prior to Uruguay’s involvement, there were 79 ATMs in South America, representing 0.2% of BTC’s global ATM facilities.

according to To the ambiguous, Uruguay’s first crypto ATM was installed in the coastal city of Punta del Este, a major tourist attraction in the region. Uruguay’s first Bitcoin ATM was developed and installed in collaboration with two local crypto companies – URUbit and inBierto.