Vendibit, a South African blockchain firm, opened its first commercial cryptocurrency ATM, which is inside the Spar-Northwold in Johannesburg.
The move is a first for South Africa, where cryptocurrency regulation is still being formulated by the Reserve Bank and adoption of this innovative currency is gaining traction in Africa..
The cryptocurrency ATM will process digital currencies like Bitcoin, Litecoin, Ethereum, and the South African Rand.
The ATM was originally launched privately in 2014 to offer Bitcoin purchases.
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