{"id":8681,"date":"2021-06-24T01:54:17","date_gmt":"2021-06-24T01:54:17","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/chainbytes-bringing-bitcoin-atms-to-el-salvador-launching-manufacturing-hub\/"},"modified":"2021-06-24T01:54:17","modified_gmt":"2021-06-24T01:54:17","slug":"chainbytes-bringing-bitcoin-atms-to-el-salvador-launching-manufacturing-hub","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/chainbytes-bringing-bitcoin-atms-to-el-salvador-launching-manufacturing-hub\/","title":{"rendered":"Chainbytes Bringing Bitcoin ATMs to El Salvador, Launching Manufacturing Hub"},"content":{"rendered":"<p><strong>Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador \u201cthe manufacturing hub of bitcoin ATMs for all of the Americas.\u201d<\/strong><\/p>\n<h2>Bitcoin ATMs Coming to El Salvador<\/h2>\n<p>U.S.-headquartered Chainbytes LLC, a bitcoin ATM provider, announced Tuesday that it is launching operations in El Salvador, the country which recently passed a bill making bitcoin <a href=\"https:\/\/news.bitcoin.com\/el-salvador-bitcoin-law-making-btc-legal-tender-passes-with-supermajority\/\">legal tender<\/a>.<\/p>\n<p>Chainbytes revealed that it plans \u201cto make El Salvador the manufacturing hub of bitcoin ATMs for all of the Americas.\u201d The hub will service the company\u2019s \u201coperations in the LATAM, US, and Canadian regions with the global supply chain distribution.\u201d The company has been servicing bitcoin ATM operators and enterprises looking to get into the bitcoin ATM business since 2012.<\/p>\n<p>Eric Grill, the CEO of Chainbytes, <a href=\"https:\/\/twitter.com\/EricGrill\/status\/1406951664993685504\">tweeted<\/a> on June 21, \u201cExcited to bring Chainbytes bitcoin ATMs\u201d to El Salvador.<\/p>\n<\/p>\n<p>On June 17, Chainbytes <a href=\"https:\/\/twitter.com\/ChainBytes\/status\/1405619240384802827\">tweeted<\/a>: \u201cOur bitcoin ATMs ready to ship out to El Salvador.\u201d<\/p>\n<\/p>\n<p>Grill recently praised El Salvador for \u201cshowing leadership to the world in implementing bitcoin as a legal currency.\u201d The CEO opined, \u201cWe believe in doing so the country is positioning itself to be more of a technology hub,\u201d adding that his company \u201cwants to be a part of helping that succeed.\u201d Grill continued:<\/p>\n<p>Our initiative will provide the training and skilled jobs needed for all Salvadorans, which will, in turn, contribute to the economy and the nation.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<p>Tuesday\u2019s announcement states that \u201cChainbytes will provide services to Salvadorans looking to operate bitcoin ATMs in the country and collaborate with their government, legal entities, and partnerships to ensure the manufacturing hub succeeds and brings prosperity to the country.\u201d<\/p>\n<p>Tracy Jefferson, the company\u2019s COO, explained that El Salvador \u201chas free trade zones and service parks that will encourage more businesses to operate here.\u201d Moreover, she noted that \u201cwith the sea and air hubs in place, it makes sense for us to produce machines here for not only Salvadorans but to export throughout North and South America.\u201d<\/p>\n<p><em><strong>What do you think about Chainbytes manufacturing bitcoin ATMs in El Salvador? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nNews, Bitcoin ATM, bitcoin atm el salvador, bitcoin atm machines, BTM, chainbytes, chainbytes bitcoin atm, El Salvador, el salvador bitcoin atms, el salvador bitcoin manufacturing, eric grill<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ATM provider Chainbytes is setting up a bitcoin ATM manufacturing hub in El Salvador. The move follows the country passing a bill making bitcoin legal tender. The company plans to make El Salvador \u201cthe manufacturing hub of bitcoin ATMs for all of the Americas.\u201d Bitcoin ATMs Coming to El Salvador U.S.-headquartered Chainbytes LLC, a&hellip;<\/p>\n","protected":false},"author":0,"featured_media":8682,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-8681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8681"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=8681"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/8681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/8682"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=8681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=8681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=8681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}