Brazilian mall franchise to install cryptocurrency ATMs

BR Malls, a mall franchise in Brazil, has announced it will deploy 15 cryptocurrency ATMs in malls across the country through a partnership with Coin Cloud. Customers will be able to buy or sell a minimum of $1.87 and $9.36 in cryptocurrency respectively, according to a report by Bitcoin.com.

The machines will offer 30 different currencies including bitcoin, Ethereum, XRP and Litecoin. Coin Cloud will install the ATMs in eight cities in Brazil including Rio de Janeiro, Sao Paulo and Goias.