Crypto ATMs Opened in Ecuador Despite Country Ban

5 Mar

Crypto ATMs Opened in Ecuador Despite Country Ban

Source: Crypto News
Crypto ATMs Opened in Ecuador Despite Country Ban

A brave group of cryptocurrency investors, Criptoasesores, have just pledged an all-out war on the Ecuadorian government by opening the country’s first crypto ATMs in the country’s capital. The country’s central government has had a firm negative stance on cryptocurrency and has tried strongly to ban it over the last four years. Earlier this year, the country’s central bank sent out a strong statement to its residents. The statement read:

To the citizenship: The Central Bank of Ecuador informs the public that bitcoin is not a means of payment authorized for its use in the country.  …

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