econintersect.com
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자
No Result
View All Result
econintersect.com
No Result
View All Result
Home Economics

First Government-Hosted Bitcoin ATM At Airport In The US Is Here

admin by admin
11월 20, 2021
in Economics
0
First Government-Hosted Bitcoin ATM At Airport In The US Is Here
0
SHARES
0
VIEWS

The City of Williston, North Dakota might be smaller than most, but it might soon become a major hub of cryptocurrency in the United States with its exclusive installation of the first-ever “government-hosted” cryptocurrency kiosk (Bitcoin ATM) at a United States airport.

bitcoin atm

Williston’s government in partnership with Coin Cloud, has now installed a Digital Currency Machine (DCM) at Williston Basin International Airport (XWA). The ticketed passengers and non-travelers can now buy and sell more than 40 cryptos including Dogecoin, Ethereum, Bitcoin, Cardano, and Shiba Inu Coin with cash. Moreover, the DCM will also function as a Crypto ATM to withdraw cash from the digital wallets.

The Finance Director of the City, Hercules Cummings, said:

“This is an ambitious step in introducing and engaging the public towards cryptocurrency while proactively playing a role in building the digital ecosystem…Although we are a smaller rural community, we are making an impact. Taking this small step may pave the way for other government and commercial entities to follow suit.”

Buy Bitcoin Now

Bitcoin ATM Does Not Need Any Intermediaries

The DCM is a quite unique technology as the investors do not need their bank accounts or debit cards, and can directly sell and buy crypto using a digital wallet. This might also mean that the users will not have to pay extra charges. The primary intent behind this installation of a DCM was to eliminate the gap between “public curiosity to acceptance and portfolio adoption of a growing asset class”, as explained by the Finance Director.

Cummings added:

“Traditionally, when you purchase crypto on an exchange, the transaction is directly tied to your bank via a checking account, debit card, or tied to your credit card…Converting cash to crypto through the DCM means there are no recognizable charges, bank account, or credit card. The deposit and withdrawal process happens between the DCM and your digital wallet, simply using cash.”

The DCM installation came in as a follow-up to the City’s earlier pledge towards becoming more cryptocurrency-positive. Earlier in 2021, in May, the City of Williston started to accept crypto for utility payments, marketing a landmark in cryptocurrency adoption in the United States.

Tags: airportATMBitcoinBitcoin ATMBTCCardanoDCMDigital Currency MachineDogecoinEthereumgovernmentShiba Inuthe US
Previous Post

ConstitutionDAO Raised $40M To Acquire The US Constitution But Lost

Next Post

Shiba Inu Team Warns SHIB Investors About Scammers

Related Posts

Bitcoin Is Finally Trading Perfectly Like 'Digital Gold'
Economics

Bitcoin Is Finally Trading Perfectly Like ‘Digital Gold’

by admin
6,746 ETH Valued At $12M Was Just Burned
Economics

6,746 ETH Valued At $12M Was Just Burned

by admin
Bitcoin Is Steady Above $29,000 Awaiting US NFP Figures
Economics

Bitcoin: What Next After Consolidation Ends?

by admin
US Government Offloads Another 8,200 Bitcoin – On-chain Data
Economics

US Government Offloads Another 8,200 Bitcoin – On-chain Data

by admin
Bitcoin Stumbles As Macro And Regulatory Concerns Arise, What Next?
Economics

Bitcoin Stumbles As Macro And Regulatory Concerns Arise, What Next?

by admin
Next Post
Shiba Inu Team Warns SHIB Investors About Scammers

Shiba Inu Team Warns SHIB Investors About Scammers

답글 남기기 응답 취소

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins bank banking banks Binance Bitcoin Bitcoin market blockchain BTC BTC price business China crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi Elon Musk ETH Ethereum Europe Federal Reserve finance FTX inflation investment market analysis Metaverse NFT nonfungible tokens oil market price analysis recession regulation Russia stock market technology Tesla the UK the US Twitter

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

© Copyright 2024 EconIntersect

No Result
View All Result
  • 토토사이트
    • 카지노사이트
    • 도박사이트
    • 룰렛 사이트
    • 라이브카지노
    • 바카라사이트
    • 안전카지노
  • 경제
  • 파이낸스
  • 정치
  • 투자

© Copyright 2024 EconIntersect