Blockchain company Santo Blockchain has recently stepped up in the development of the crypto industry in Panama. So, for example, the company has already officially announced it will install 50 BTC ATMs in Panama in early 2022.
The Santo Blockchain report says the above number of ATMs is only part of its plan to “Bitcoin” the country, because another 250 ATMs should be installed in Panama throughout the next year. Santo Blockchain has allocated $1 million for the implementation of this plan.
In addition, Santo Blockchain intends to develop its own cryptocurrency wallet for Panamanians, as well as to issue a debit card for digital assets.
Santo Blockchain is interested in Panama because the country has recently passed a law allowing the use of Bitcoin as an alternative payment method.