Bitbase, a Spain-based cryptocurrency ATM and store company, is preparing to launch operations in Venezuela later this year.
We are going very, very strong with landing in Venezuela this year. We continue with the hard work, which will soon bear fruit, with all the licenses we need to operate in Venezuela. And we want to give that image of the correct mass adoption of cryptocurrencies.Bitbase’s business model includes physical stores, in which employees explain to users how to use crypto and serve as intermediaries for crypto operations.
The company is now in the process of acquiring the manpower needed to manage and tend to the public in these stores and to set up crypto ATMs. About this, De Los Reyes stated:We already have a legal department and we are looking for new Venezuelan talents who want to come and work with us.Furthermore, Bitbase is already operating from an office in the trade industry and foreign company department of the Spanish embassy in Caracas.
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