Shiba Inu Is Coming to More Bitcoin of America ATM Locations

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Alex Dovb­nya

Bit­coin of Amer­i­ca, one of the top ATM oper­a­tors, will expand sup­port for the Shi­ba Inu cryptocurrency 

Bit­coin of Amer­i­ca, one of the lead­ing cryp­tocur­ren­cy ATM oper­a­tors, has announced that Shi­ba Inu will become avail­able at more of its loca­tions in a recent tweet.

As report­ed by U.Today, 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. Last May, Bit­coin of Amer­i­ca made it pos­si­ble for its cus­tomers to buy cryp­tocur­ren­cies right after dis­pens­ing cash from credit/debit cards with the help of its Uni­ver­sal Kiosk.

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.

Crypto ATMs keep growing in the U.S. 

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.



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