The first government-hosted Bitcoin ATM at an airport in the U.S. is here

Author: Nishu November 24, 2021

first government-hosted Bitcoin ATM at an airport in the United States of America


The City of Williston in North Dakota may be smaller than many, but it could soon become a hub of crypto in the U.S. with its exclusive installation of the first-ever “government-hosted” crypto kiosk at a U.S. airport. The city’s government, in collaboration with Coin Cloud, has installed a Digital Currency Machine (DCM) at Williston Basin International Airport (XWA). Ticketed passengers, as well as non-travellers, will now be able to buy and sell over 40 cryptocurrencies including Bitcoin, Dogecoin, Shiba Inu, Cardano, and Ethereum with cash. Furthermore, the DCM will also function as a crypto ATM to withdraw cash from digital wallets.

“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”, said the Finance Director of the City, Hercules Cummings.

Bitcoin ATM does not require any intermediaries

The DCM is a rather unique technology as the investors do to require their bank accounts or debit cards, and can directly purchase and sell cryptocurrency using a digital wallet. This would further mean that the users will not have to pay additional charges. The core intent behind the installation of a DCM was to bridge the gap between “public curiosity to acceptance and portfolio adoption of a growing asset class”, noted the Finance Director.

“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.”, Cummings added.

This DCM installation came as a follow-up to the City’s former pledge towards becoming more crypto-positive. Earlier this year, in the month of May, the City of Williston began to accept cryptocurrency for utility payments, marking a landmark in crypto adoption in the US.

24 November, 2021, 5:38 pm

News Cinema on twitter News Cinema on facebook

Wednesday, 24th November 2021

More Stories
Sydney event planner shares biggest wedding styling dos and don’ts and budget alternatives
Hospital parking fees scandal continues as analysis shows one site charges £76 A DAY
After Hitting No. 62, Aaron Judge Acknowledges Pressure of Chase
Foreign nurses who fail English test can still be hired by NHS
Moment police swoop on house of devout catholic mother over ‘malicious online posts’
On Dussehra and Diwali, this Greater Noida village greets Ravana!
Heavyweight boxing world champion Mike Tyson winds back the clock with an impressive training video
Canberra rape trial: Brittany Higgins texts against Bruce Lehrmann sent to Ben Dilaway
Durga Puja 2022: Navya Nanda Plays Dhaak And Dances At Pandal
Tory conference live: Liz Truss prepares to make keynote speech to try and unite warring Tories
Terrifying moment speeding Maserati stolen by three Florida teens hits 123 mph before losing control
The end of Prince Harry and Meghan’s Netflix series?
Commonwealth Games 2026: Shooting returns, golf set to debut and women’s cricket intact for Victoria
Shellharbour council’s Reddall Reserve playground slide ‘dangerous’ as young Tailah Smith breaks leg
Sussan Ley: Australians face cost of living crisis before Christmas – Anthony Albanese doing NOTHING
OPEC and Russia meet today, with a big cut in oil output on the table.
Dussehra 2022: Ravana’s 10 Heads and What They Mean
Pike County massacre suspects attended the funeral of one of the eight victims they allegedly killed
‘Rest easy little soulja’: Family mourns mystery death of boy, 12, as vile trolls attack him
Rainbow fentanyl pills that resemble candy are found in LEGO box – as DEA warns parents
Hrithik Roshan and Ladylove Saba Azad attend Richa Chadha-Ali Fazal’s wedding reception, pose for shutterbugs together – WATCH
How to Honor a New Yorker? Name a Street After Them.
Shylah Rodden Rebel Coaster rollercoaster victim’s touching tribute to father Alan Rodden
Online retail giant Amazon pauses recruiting for corporate roles to rein in costs
Jeremy Lin Finally Loves ‘Linsanity’ Just As Much as You Do
The Eagles’ Architect Always Has a Plan B, but Plan A Is Working
Ravana Dahan on Vijayadashami 2022: Timing, Effigy Burning, Weapon Worship, Celebrations and Significance
Winner of Cleveland fishing tournament says he hopes duo who allegedly cheated get max punishment
Treasurer Jim Chalmers hints Stage Three tax cuts could be dumped after UK dumps plan
LePage Stumbles on Abortion Questioning in Maine Governor’s Debate
Election Software Executive Arrested on Suspicion of Theft
Netflix’s Jeffrey Dahmer series fact-checked: Journalist exposes which parts of the show are fake
Kanye WALKS BACK criticism of Vogue editor who called his White Lives Matter fashion show ‘violence’
Wild Cards: The Mets Are Officially Eliminated in the NL East
Ignore Adipurush trends on social media, netizens outraged by Om Raut’s portrayal of Ramayana; ‘Bollywood’s Hanuman looks Muslim…’
Mickleham Victoria Covid quarantine center closes after it cost $580million to build
Manhattan apartment sales FELL 18% in the third quarter – the first drop since 2020
Happy Dussehra 2022: Vijayadashami Whatsapp Messages, Wishes, Wishes and Quotes
Trump says National Archives should return files seized in Mar-a-Lago raid
Texas mayor forced to apologize after appearing to fall asleep during police officer’s funeral
Amazon Suspends Workers After Protest Over Warehouse Fire