TGU Consulting Grouping, a Honduran company based in the capital of Tegucigalpa, has reportedly installed the country's beginning Bitcoin ATM.

Co-ordinate to a Friday Reuters written report, TGU chief executive Juan Mayen led the move to install the Bitcoin (BTC) ATM in one of the capital's role buildings. The "la bitcoinera" motorcar allows crypto enthusiasts to buy BTC and Ether (ETH) using the local fiat currency, lempira, provided they are willing to scan their IDs and disclose sure personal data.

Mayen said this was the get-go automated way to purchase Bitcoin in Honduras, but many software developers had been accepting crypto for payments. Co-ordinate to the TGU exec, many Hondurans have had to exchange cash for crypto in person, an action he described as "very inconvenient and dangerous" in the country — information from crowd-sourced platform Numbeo shows the level of crime in Honduras as "very high."

Lawmakers in some Central America nations have been taking more than pro-crypto positions as the marketplace continues to grow. El Salvador is currently installing Bitcoin ATMs across the country in preparation for the cryptocurrency being accepted as legal tender starting on Sept. vii. At least ane member of Panama's congress has also proposed legislation for the country to adopt Bitcoin and other cryptocurrencies.

Related: Athena confirms plans to bring 1500 Bitcoin ATMs to El Salvador

Data from Cointelegraph Markets Pro shows the price of BTC is $48,976 at the time of publication, having risen more than than iii% in the last 24 hours. The ETH price is $3,272, having increased more than than 4% over the same period.