Philippines biggest bank,The Union Bank launching Crypto ATM

On Feb 10, 2019

The Union Bank is one of the biggest banks in the 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 increasing day by day very fastly due to demand and security. Crypto industry is the fastest growing sector these days as many new startups coming every day and many new countries adopting and using crypto time to time. Too many developers joining Crypto companies by leaving their other business companies.

What’re your opinions about the future of Crypto? Please comment below!

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