Uruguay installs its first cryptocurrency ATM

Uruguay has reportedly received its first cryptocurrency ATM within its borders, which has already been installed in the city of Punta del Este in the southeastern part of the country. Arabic and Inbierto developed this encrypted ATM, the former focusing on the software part of the system and the latter providing the hardware for the ATM. It is reported that the installed encrypted ATM only supports five cryptocurrencies (including two national tokens): ferret token, urubit, BTC, BNB, and BUSD.