Ikorodu indigene launches first Bitcoin ATM in Africa

Tochi Juliet

An Ikorodu indigene and Chief Executive Officer of Block Stale, Adekunle Daniel, launched the first-ever Bitcoin Automated Teller Machine (ATM) in Lagos.

Daniel urged the government to embrace cryptocurrency as a legal tender and also to key into the innovative idea of blockchain technology and digital currency in Nigeria. He said this during the occasion of the launching of the first Bitcoin ATM in Lagos.

Speaking to news reporters, he said the invention was part of the desire to eliminate the technicalities associated with Bitcoin transactions.

This move by him has brought to the country international recognition as Nigeria now ranks number 8 in the world to experience the evolution of the Bitcoin ATM.

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