RATE Group | Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
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Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

14 Jul Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Posted at 12:59h in Cryptocurrency News by

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Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from the country and Colombian citizens access to cryptocurrencies like BCH, DAI, and BTC.

Also read: South African Payment Gateway Drops BTC Over Fees and Network Congestion

Spreading Crypto Adoption Throughout Colombia and Into Venezuela

In January, news.Bitcoin.com reported on Panda Group installing a hybrid PoS terminal that also works as a digital currency dispensing automated teller machine (ATM). At the time the machine was dubbed the “Exeler,” but since then the product has been rebranded as Pandabtm. Panda Group’s founder Arley Lozano said his team so far has…

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