Bitcoin hype reaches Honduras with first crypto ATM

The first crypto ATM in Honduras opened this week as bitcoin investors ask for prompt demand for digital assets after neighboring El Salvador became the first nation to accept bitcoin as legal tender. The machine, locally named “la bitcoinera” enables users to get Ethereum and Bitcoin using the local lempira currency. It was set up…

EI Salvador president offers permanent residency to cryptocurrency entrepreneurs

Nayib Bukele, President of EI Salvador has offered incentives for the crypto community including immediate permanent residency for crypto entrepreneurs and bitcoin investors won’t face any capital gain tax. This has attracted attention from entrepreneurs and investors alike. All this followed his latest announcement to make Bitcoin a legal tender in the nation. Bukele retweeted…