Philippines Union Bank Launches Crypto ATMs: Will It Fuel Adoption?

Crypto ATMs

One of the Philippines largest banks, Union Bank, is set to launch the first two-way crypto ATMs in the country.

Union Bank Crypto ATMs

Customers will be able to buy and sell cryptocurrencies for cash through the ATM. The idea is to provide an easy and accessible means for crypto to fiat conversion and vice versa. The move may help to spur on adoption for the digital asset.

Union Bank said the following on the crypto ATMs:

“In the bank’s continued quest to cater to the evolving needs and tastes of customers, …

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