The cryptocurrency industry keeps expanding all over the world, and Czechia is giving an important step. One of the most important ATM manufacturers in the world, known as General Bytes, installed ten Bitcoin ATMs in Prague’s metro.

Prague Installs 10 New Bitcoin AMTs

According to an official statement released by General Bytes Service, the company will install ten new crypto ATMs in Prague’s subway system. The metro transports over 1.6 million individuals per day, being one of the busiest metro systems in Europe.

Now it will be possible to buy Bitcoin in many different locations, including these stops: Mustek, Nadrazí Veleslavín, Dejvicka, Florenc, Cerny Most, Zlicín, Pankrac, Flora, Skalka, and Hlavní Nadrazí.

Prague and Czechia are important cryptocurrency hubs in the region. These are not the first virtual currency ATMs installed, and there is a very active cryptocurrency community in the place. For example, it has a Bitcoin Coffee shop and other related attractions.

An important e-commerce company, Alza, added support to cryptocurrencies on tis platform and installed two BTC ATMs in its showroom.

General Bytes is a company that specializes in Android and Bitcoin, and is located in Czechia. The two machines offered by the company are BATMTwo and BATMThree based on Android. They offer the possibility for clients to register they data, including email address and other important documents like IDs.

Argentina May Install 4000 to 5000 Bitcoin ATMs

Other countries around the world are also very interested in virtual currencies. This is the case of Argentina, that will see an important expansion of crypto ATMs in its territory. An American-Argentine company located in the US wants to install between 4,000 to 5,000 BTC ATMs.

Sebastián Ponceliz, CEO and founder of Odyssey Group, said:

“These will not only be Cash Machines for people to extract cash; they will also be used to issue prepaid cards, as e-commerce platform, to make transfers through blockchain cryptocurrencies, and linking micro sourcing for micro credits.”

Czech Utility Company Starts Accepting Crypto Payments

One of the most important Czech utility companies, Pražská Plynárenská, started to accept virtual currency payments for the services it offers. The main intention is to attract younger generations of customers that may be ready to pay in cryptocurrencies.

Pavel Janeček, Chief Executive Officer of the company, commented:

“In June, we are opening a payment gateway, which will automatically transfer our bitcoin payments into regular currency, so that we don’t have to speculate with cryptocurrency. But if anyone wants to pay in an alternative way, we want to allow them to do that.”

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