Digital currency booming in Spain with introduction of bitcoin ATMs

A LACK of trust within the banking sector is fuelling Spain’s digital currency market.

More and more people are leaving their banks and turning to the alternative online currency Bitcoin.

Bitchain, a Barcelona-based bitcoin company, says it continues to grow despite a dip in the online currency market worldwide.

In fact, Bitchain is currently installing 20 bitcoin ATM machines across the country, allowing users to exchange bitcoin for cash, and vice-versa.

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Rob Horgan

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