El Salvador Plans to Launch 1500 New Bitcoin ATMs Gradually Towards September

Athena Bitcoin company spokesman has just confirmed that it aims to invest more than $ 1 million (approximately Rs 7.4 crore) to set up cryptocurrency ATMs in El Salvador, particularly where foreign residents get remittances. Citizens can use ATMs to either buy or sell Bitcoins for cash. El Salvador's President, Nayib Bukele, is invested in seeing more people use and transact in cryptocurrencies. He has, however, made clear that the rumors about mandating the use of Bitcoin for every citizen…