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Bitcoin ATM Installation: Bankless Bitcoin to Set Up Bitcoin Automatic Teller Machine at Two Rivers Mall in Nairobi, Kenya

Covering the financial technology, digital currencies, and blockchain advancements across the African continent.

Bitcoin ATM Installation: Bankless Bitcoin Plans to Set Up Bitcoin ATM at Two Rivers Mall, Nairobi,...
Bitcoin ATM Installation: Bankless Bitcoin Plans to Set Up Bitcoin ATM at Two Rivers Mall, Nairobi, Kenya

Bitcoin ATM Installation: Bankless Bitcoin to Set Up Bitcoin Automatic Teller Machine at Two Rivers Mall in Nairobi, Kenya

In a groundbreaking move, Bankless Bitcoin, a pioneering financial technology company, is set to operate the first Bitcoin Automated Teller Machine (ATM) in East Africa. The installation is scheduled at Two Rivers Mall in Nairobi, Kenya, as part of a long-term lease agreement.

Kenya finds itself at the forefront of Africa's digital finance revolution with this significant step. The country is one of Africa's fastest-growing markets for cryptocurrency adoption, with more individuals and businesses embracing digital assets daily.

The Bitcoin ATM will allow users to buy and sell Bitcoin using Kenyan Shillings (KES), bridging cash and digital currency. This move is expected to strengthen Kenya's position in the digital finance landscape and encourage more widespread adoption of cryptocurrencies.

Bankless Bitcoin is not only focusing on this installation but also actively seeks strategic partnerships and investment opportunities with local financial institutions, technology companies, and community organizations in East Africa. The aim is to accelerate growth and strengthen its position as the region's leading provider of accessible digital finance solutions.

Yiksi, a financial technology company transforming access to global digital currencies across the Horn of Africa, is supporting this initiative. Yiksi's technology bridges local currencies with international digital finance, empowering users with seamless financial solutions.

For updates on cryptocurrency news from Kenya and across Africa, you can visit Bankless Bitcoin's website or join their Telegram community. If you prefer updates via WhatsApp, a dedicated channel is available for users to join.

Bankless Bitcoin's application for the Capital Markets Authority of Kenya (CMA Kenya) Sandbox further reinforces its commitment to safe, transparent, and compliant financial services. This move demonstrates that Bitcoin belongs in mainstream Africa, signalling a promising future for digital finance in the region.

With plans to expand its network of ATMs across Kenya and the wider East African region, Bankless Bitcoin is indeed pioneering open financial access in Africa. This installation marks a significant milestone in the company's mission to make digital finance more accessible and inclusive for all.

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