Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity

Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines (ATM). Four of the machines are situated near the border of Venezuela, giving refugees from the country and Colombian citizens access to cryptocurrencies like BCH, DAI, and BTC.

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Spreading Crypto Adoption Throughout Colombia and Into Venezuela

In January, news.Bitcoin.com reported on Panda Group installing a hybrid PoS terminal that also works as a digital currency dispensing automated teller machine (ATM). At the time the machine was dubbed the “Exeler,” but since then the product has been rebranded as Pandabtm. Panda Group’s founder Arley Lozano said his team so far has installed 10 Pandabtms around Colombia and four machines are on the border of Venezuela in Cucuta city. The machines can be located on Coinatmradar.com and devices installed near the border are meant to help Venezuelan refugees who cross the Simon Bolivar International Bridge every day.

Simon Bolivar International Bridge.

Panda Group emphasized that the machines