Shiba Inu Is Coming to More Bitcoin of America ATM Locations

.BTCofAmerica will add support for ShibaInu at more of its locations

, the company enabled support for Shiba Inu earlier this month to the great delight of the community. Prior to that, it added rival meme cryptocurrency Dogecoin. Last September, it enabled Ethereum purchases.

The crypto ATM operator hasn’t clarified what specific locations will be added in the near future. In January, Bitcoin of America topped 1,500 Bitcoin ATMs in January. The Chicago-headquartered company now says that it has over 2,000 locations within the U.S. For comparison, it had only 630 ATMs in early 2021.The company operates in virtually all major cities in 31 U.S. states, and it has plans to further expand its operations.

In other news, Media-Markt, the largest electronics operator in Europe, recently announced that it would install Kurant’s Bitcoin ATMs at numerous branches throughout Austria.Cryptocurrency ATMs have witnessed massive growth due to the increasing adoption of digital assets. Due to anonymous transactions, they are often used by criminals to launder ill-gotten funds.

According to data provided by Coin ATM Radar, Yet, their proliferation is almost exclusively limited to the U.S. The U.K., for instance, completely banned crypto ATMs earlier this year to eliminate risks linked to largely anonymous transactions that can be exploited by criminals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto News, April 20: Twitter on Blockchain, Bukele's Bitcoin Bonds in Doubt, Shiba Inu Scandal | CoinMarketCapToday's crypto headlines: 🔥 Why El Salvador's Bitcoin bonds are in doubt 💰 Elon Musk's Twitter takeover gets support from crypto billionaire 👀 Shiba inu metaverse battles swastika controversy 🇬🇧 Julian Assange extradition moves one step closer
Read more »

Shiba Inu Trifecta Now Available on This Singapore Based Exchange: DetailsShiba Inu trifecta now listed on Singapore-based exchange BitKan ShibArmy SHIB SHIBCommunity $BONE $Leash $SHIB
Read more »

3 Reasons Why Some Ethereum Whales Constantly Buy Shiba Inu TokensICYMI: here's why Ethereum whales are constantly adding billions of $SHIB to their crypto stashes ShibaInu SHIB ShibArmy
Read more »

El Salvador's Volcano Bonds & Shiba Inu Metaverse Controversy [ Crypto Espresso 04.20.22 ]CoinMarketCap [cryptoespresso 04.20.22] ☕️ Twitter on Blockchain, Bukele's Bitcoin Bonds in Doubt, ShibainuCoin Scandal! Sip away in today's episode! 👇 CryptoNews cryptonewsdaily
Read more »

Shiba Inu Now Accepted as Payment by Switzerland-Based Multinational CompanyICYMI: Switzerland-based multinational company adds $SHIB as payment option ShibaInu SHIB ShibArmy
Read more »

Shiba Inu Metaverse Controversy as User Attempts to Draw Swastika on Map By Buying Virtual Land | CoinMarketCapThe offensive imagery was spotted by members of the project's Discord channel — and users quickly made counter purchases to turn the hateful symbol into a window instead.
Read more »