First Bitcoin ATM In Georgia
There is a new automated teller machine in Georgia, which offers fast and easy way to buy and sell bitcoin and litecoin.
Support for bitcoin cash has been promised, and other cryptos will also be added in the future. The ATM has been set up at a burger restaurant in the heart of the Georgian capital Tbilisi.
In Recent years, cryptocurrencies in Georgia have been gaining popularity. The country has become a regional leader in digital technologies. A new cryptocurrency terminal has been set up in Tbilisi offering the opportunity to exchange bitcoins and litecoins with the Georgian lari. The company behind the initiative promises to provide support for bitcoin cash and plans to introduce other cryptos, like ethereum.
The new Bitcoin ATM has been installed in the Georgian capital. It is operated by a local firm called TPS. The company provides exchange services through cash terminals and an online trading platform.
Another crypto ATM, which supports bitcoin and litecoin transactions is situated in Tbilisi, 12 Shalva Dadiani Street. Both teller machines are manufactured by the Prague-based company General Bytes.
A bill to regulate cryptocurrency mining was introduced in Armenia in February. The proposed legislation offers crypto miners tax exemptions and other incentives. Operators of mining facilities will not be required to apply for any permissions or licenses. According to local experts, the draft law will effectively legalize cryptocurrency transactions.
