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Punta del Este to have first cryptocurrency ATM in Uruguay

RIO DE JANEIRO, BRAZIL - According to sources from local companies inBierto and Urubit, in charge of production, the UTM ATM will start operating the Uruguayan cryptocurrencies Urubit and Ferret Token.

Later, users will be able to convert these "tokens" (vouchers) to other cryptocurrencies, such as bitcoin, ethereum or tether. In addition, they will be able to sell their cryptos and receive money at market value.

"First of all, this is going to fulfill something that many people linked to the crypto world have been asking for. Today Uruguay has over 30,000 people counting, 'logging' and exchanging cryptocurrencies almost every . . .

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