The Union Bank is the one of the biggest bank in Philippines with 300 branches throughout the country, will be launching Crypto ATM in the country.
This will be the first ATM in the country regulated by the Central Bank.
According to report, the Union Bank Crypto ATM will provide both facilities converting Fiat to Crypto and Crypto to Fiat.
There is no official statement regarding which Crypto Currency will be supported by these ATMs.
Crypto adoption is increases day by day very fastly due to demand and security. Crypto industry is fastest growing sector these days as many new startups coming everyday and many new countries adopting and using crypto time to time. Too many developers joining Crypto companies by leaving their other business companies.
Whats your opinions about future of Crypto? Please comment below!
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