The PennZone

  • Home
  • Business
  • Real Estate
  • Construction
  • Travel
  • Health
  • Technology
  • Non-profit
  • Entertainment

ChainBytes Launches Operations in El Salvador
The PennZone/10132740

Trending...
  • Cold. Clean. Anywhere. Meet FrostSkin
  • Apostle Margelee Hylton Announces the Release of Third Day Prayer
  • Atlanta Magazine Names Dr. Rashad Richey One of Atlanta's Most Influential Leaders in 2026 as the FIFA World Cup Approaches
WHITEHALL, Pa., June 22, 2021 /PRNewswire/ -- Headquartered in the US and founded by Bitcoin veteran and US Navy veteran Eric Grill, ChainBytes LLC is a leading BTM provider in the Bitcoin ATM industry. Their company has extensive experience in the financial, hardware, and software development of Bitcoin ATMs since 2012, servicing operators and enterprises looking to expand or get into the Bitcoin ATM business. ChainBytes plans to use El Salvador as its American hub to service its operations in the LATAM, US, and Canadian regions with the global supply chain distribution.

To continue building their footprint in the Americas, their leadership team headed to El Salvador after a recent precedent by El Salvador President Nayib Bukele, on making Bitcoin a legal tender in the country.

After discussions with advisors and top law firms, the leading Bitcoin ATM manufacturer, ChainBytes, sees a bright future for El Salvadorans and jobs in Bitcoin development to come. They plan to make El Salvador the manufacturing hub of Bitcoin ATMs for all of the Americas. Eric Grill, CEO of ChainBytes, recently stated that "El Salvador is showing leadership to the world in implementing Bitcoin as a legal currency. We believe in doing so the country is positioning itself to be more of a technology hub. ChainBytes wants to be a part of helping that succeed. Our initiative will provide the training and skilled jobs needed for all Salvadorans, which will, in turn, contribute to the economy and the nation."

More on The PennZone
  • How Direct Home Buyers Are Simplifying the Selling Process for Philadelphia Homeowners
  • Off The Hook YS (NY SE: OTH) Executes Transformational Apex Acquisition, Creating Vertically Integrated Marine Powerhouse with $60M Inventory Capacity
  • Tri-State Area Entrepreneur Launches K-Chris: A Premium Digital Destination for Luxury Fragrances
  • Why One American Manufacturer Builds BBQ Smokers to Aerospace Standards
  • Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida

ChainBytes will provide services to Salvadorans looking to operate Bitcoin ATMs in the country and collaborate with their government, legal entities, and partnerships to ensure the manufacturing hub succeeds and brings prosperity to the country. "El Salvador is a great move for the nation and the entire industry," says ChainBytes COO Tracy Jefferson, "it has free trade zones and service parks that will encourage more businesses to operate here. In addition, with the sea and air hubs in place, it makes sense for us to produce machines here for not only Salvadorans but to export throughout North and South America."

After only being there for a short time, the leadership team already sees the vast potential in El Salvador and what this initiative will bring to the world and Bitcoin development across LATAM and the Americas.

For more information and exclusive interviews, you can contact their Director of Global Marketing, Claudia Olah, at [email protected] or call ChainBytes HQ at +1 (415) 529-5777.

SOURCE ChainBytes LLC
Filed Under: Business

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on The PennZone
  • Berman | Sobin | Gross LLP Celebrates 35 Years of Advocating for Maryland's Injured Workers and Families
  • Art of Whiskey Hosts 3rd Annual San Francisco Tasting Experience During Super Bowl Week
  • Kilmaine Saints to Anchor St. Patrick's Day Weekend with Live Album Recording at XL Live
  • PADT Earns Prestigious 2025 Americas Customer Loyalty Award from Ansys, Part of Synopsys
  • Florida Keys Visitors Can Save 15 Percent With KeysCaribbean's Advanced Booking Discount
  • Sleep Basil Unveils Revamped Natural Latex Mattress Collection Page for Cooler, Cleaner, Better-Aligned Sleep
  • Conexwest Delivers Custom Shipping Container MRI Lab, Saving California Hospital an Estimated $9 Million in Renovation Costs
  • Smallville, Sailor Moon, Reno 911! Stars Added To FAN EXPO Philadelphia Lineup, May 29-31
  • FDA Meeting Indicates a pivotal development that could redefine the treatment landscape for suicidal depression via NRx Pharmaceuticals: $NRXP
  • $2.7 Million 2025 Revenue; All Time Record Sales Growth; 6 Profitable Quarters for Homebuilding Industry: Innovative Designs (Stock Symbol: IVDN)
  • Beyond Spots & Dots Commits $50,000 to Penn State University Communications Students
  • CCHR: Decades of Warnings, Persistent Inaction; Studies Raise New Alarms on Psychiatric Drug Safety
  • PRÝNCESS Builds Anticipation With "My Nerves" — A Girls-Girl Anthem
  • Arbutus Medical Raises C$9.3M to Accelerate Growth of Surgical Workflow Solutions Outside the OR
  • From Sleepless Nights to Sold-Out Drops: Catch Phrase Poet's First Year Redefining Motivational Urban Apparel
  • Cold. Clean. Anywhere. Meet FrostSkin
  • How Specialized Game Development Services Are Powering the Next Wave of Interactive Entertainment
  • Brain Drain Unlimited Strengthens Legal Advocacy with Advanced Training from Villanova University
  • Don't Settle for a Lawyer Who Just Speaks Spanish. Demand One Who Understands Your Story
  • Dan Williams Promoted to Century Fasteners Corp. – General Manager, Operations

Popular on PennZone

  • Michael Judkins Releases New Poetry Book, Deeper Than You Think
  • Still Using Ice? FrostSkin Reinvents Hydration
  • $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU
  • Accountants Near Me Cheyenne Opens U.S. Directory for Accountants, Bookkeepers and Tax Services
  • Precision Adult Care Expands 24/7 Adult In-Home Care Services to Meet Growing Demand in the Coachella Valley
  • OneVizion Announces Next Phase of Growth as Brad Kitchens Joins Board of Directors
  • Boston Industrial Solutions' Natron® 512N Series UV LED Ink Earns CPSIA Certification
  • 2025 Top Lawyers - ELA Awards by Expert Law Attorneys
  • Jim Breuer is Coming to The Eichelberger Performing Arts Center This May
  • The Ms. Corporate America Maryland Competition Returns for an Unforgettable Evening of Leadership, Excellence, and Empowerment

Similar on PennZone

  • No Ice. No Outlet. How Is This Even Possible?
  • Delay In Federal Disaster Assistance Causing Failure Of Small Business In Disaster Areas
  • When Representation No Longer Reflects the District — Why I'm Voting for Pete Verbica
  • Off The Hook YS (NY SE: OTH) Executes Transformational Apex Acquisition, Creating Vertically Integrated Marine Powerhouse with $60M Inventory Capacity
  • Tri-State Area Entrepreneur Launches K-Chris: A Premium Digital Destination for Luxury Fragrances
  • Why One American Manufacturer Builds BBQ Smokers to Aerospace Standards
  • Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida
  • $36 Million LOI to Acquire High Value Assets from Vivakor Inc in Oklahoma's STACK Play — Building Cash Flow and Scalable Power Infrastructure; $OLOX
  • Art of Whiskey Hosts 3rd Annual San Francisco Tasting Experience During Super Bowl Week
  • FDA Meeting Indicates a pivotal development that could redefine the treatment landscape for suicidal depression via NRx Pharmaceuticals: $NRXP
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us