BitFury to install bitcoin ATMS in Georgia

Investing | November 8, 2016 By:

BitFury Group has annouunced its plans to install two bitcoin ATMs in Georgia.

“The idea of installing BTMs is new, and we’ve already decided to install two of them. At the moment we are looking into the legal side of the issue and the compliance of our idea with the Georgian legislation. If everything is fine, Georgia will soon have its first BTMs,” said Ephrem Urumashvili, representative of BitFury Group.

Both machines will be two-way Bitcoin ATMs, which allows its customers to both purchase cryptocurrency and cash it out.

Bitfury Group is a leading full-service blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem.