Blockchain Embassy Opens for Business in Panama City

A new location for bitcoin and cryptocurrency enthusiasts, entrepreneurs, activists, iconoclasts, connoisseurs, and the general public has opened in Panama. It is called the Blockchain Embassy. It is located in the Balboa Boutiques Strip Mall of Balboa Avenue in Panama City.

The space has everything related to crypto and other merchandise for sale. It has a cafeteria, craft beers for sale, hardware wallets on display, a coffee shop, and even a working space.

A press release said the embassy will also begin offering cryptocurrency workshops and presentations. Everyone is welcome to come and engage with the Panama crypto community. The Embassy press release elaborated on how it accepts payment and provided more information:

“The embassy accepts payments in cash and Crypto, and has become an emblematic tourist site in Panama. It receives visitors from all over the world. It is one of the projects created by startup, known for being the first company in the world to install ATMs in commercial banks, as well as integrating its system Cryptobuyer Pay that allows any commerce to accept payments in Bitcoin and other currencies.”

A news portal contacted one of the founders of Embassy Blockchain (and Cryptobuyer), Jorge Farias, to learn more about the motivations behind the creation of the embassy.

He said, “We created the embassy because we were motivated by the need to educate the people not only of Panama, but also of the world. Panama is a tourist site, and at the same time, a major financial and logistic center. We believe that it is an ideal place to show the power of technology in a real, palpable way.”

In addition, he said his company chose the site in Panama City because it is easy to access by car and it allowed his team to integrate all of its amenities. He said besides offering the Crypto ATM, hardware wallets, and all the amenities mentioned, they plan on gradually adding many more things for their customer’s enjoyment.


Image: Pixabay

Disclaimer: This press release is for informational purposes only. Information does not constitute an investment advice or an offer to invest. The opinions expressed in this article are those of the author, they do not necessarily represent infocoin views and should not be attributed to Infocoin.

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