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 a 100 percent delivery of 50 BTC ATMs to Panama in early 2022.
The Santo Blockchain report says that the above number of ATMs is only part of its plan to "bitcoin" the country because another 250 ATMs are to be earned in Panama throughout the year. Santo Blockchain allocated $ 1 million for the implementation of this plan.
In addition, Santo Blockchain intends in the future to develop its crypto wallet for Panamanians, as well as to issue a debit card for digital assets.
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It is reported that the interest of Santo Blockchain fell on Panama for a reason, the fact is that the country recently passed a law allowing the use of bitcoin as an alternative payment method. Thus, the attitude of residents towards military-technical cooperation has slightly changed, moreover, in a positive direction.
In this context, it is worth noting that not only Panama but also Colombia and Costa Rica, on whose territory more and more BTC ATMs will begin to appear, are at the epicenter of Santo Blockchain investments.