One of the largest Bitcoin ATM manufacturers in the world, General Bytes, has recently installed ten new cryptocurrency ATMs throughout the Prague subway in the Czech Republic. Now commuters riding the Prague Metro can purchase digital assets at various locations spread out across the fifth busiest metro system in Europe.
General Bytes Installs Ten Bitcoin ATMs Across the Prague Metro
The Czech Republic-based firm General Bytes has revealed the installation of ten new cryptocurrency ATMs spread out across the Prague Metro. The subway gets more than 1.6 million people in daily foot traffic and is one of the busiest metro systems in Europe. The General Bytes machines are located at Můstek, Nádraží Veleslavín, Dejvická, Florenc, Černý Most, Zličín, Pankrác, Flora, Skalka, and Hlavní Nádraží. Moreover, General Bytes provides a detailed map and description of each location on the website.
The new machines will likely get some use in the region as Prague is considered a booming cryptocurrency hub, as the area is filled with quite a lot of crypto-enthusiasts. For instance, the area is home to the Crypto Anarchy Institute, Paralelní Polis, and a few cryptocurrency businesses including the ATM manufacturer General Bytes.
General Bytes Has Manufactured 27% of the World’s Bitcoin ATMs
The Czech government is relatively friendly towards cryptocurrencies and politicians haven’t regulated virtual currencies or defined them as a currency or commodity like other nation states. However, the subject is being discussed among tax officials and the Czech National Bank wrote a paper last year called “Don’t be Afraid of Bitcoin.” Last year the well known online retailer, Alza, added cryptocurrency payments and installed two Bitcoin ATMs in the company’s showroom. Just three days ago one of the largest energy suppliers in the Czech Republic, Pražská Plynárenská, announced it was accepting BTC for payments.
With the ten new machines, the Czech Republic will now have a total of 46 Cryptocurrency ATMs and 27 of those devices are located in Prague. A large majority of the cryptocurrency automated tellers in the region are manufactured by General Bytes. On the General Bytes site where they announce the newly added Prague Metro machines there’s also a video explaining how to use the BATM 2 automated tellers. According to Coinatmradar out of the 3,122 cryptocurrency ATMs, General Bytes now has 858 worldwide.