The city of Williston, North Dakota, continues to explore and implement the cryptocurrency industry by installing a crypto automated teller machine (ATM) at its international airport.
The city has officially announced the installation of a “Government Crypto Kiosk” at Williston-Basin International Airport, allowing travelers and non-travelers to buy and sell 40 digital currencies. Supported currencies include Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB).
As part of this initiative, the City of Williston has partnered with crypto service Coin Cloud, which brings Digital Currency Machines (DCM) to the city. According to the company, DCM is “more than just a Bitcoin ATM” as it allows users to buy and sell not just Bitcoin, but 40 other digital assets for cash. Coin Cloud claims that “old Bitcoin ATMs can’t do this.”
Hercules Cummings, Williston’s chief financial officer, told Cointelegraph that the move “could be the first time that an airport and state-owned crypto bank have been set up in the United States.” He also now expects cryptocurrency payments to increase in the city and says:
“Now that the government is accepting pay-per-use cryptocurrency, along with the status of ATMs, the government is a major player in providing public access and accelerating the use of cryptocurrencies.”
The official said that the next step for Williston would be to host a crypto bank in City Hall, which is in high demand at the airport. “As part of our roadmap, we will eventually cross the city’s licensing, permitting and other fee payment lanes,” he added.
Hercules Cummings completes the transaction with DCM. Source: City of Williston.
While the City of Williston advocates cryptocurrency adoption, the administration does not act as a fund manager or manage crypto transactions. The operator of the DCM, Coin Cloud, handles purchases and withdrawals.
According to Cummings, DCM’s primary goal is to “increase public awareness of portfolio acceptance and acceptance of growing asset classes.” “We are convinced that simple and wonderful steps like this will make this possible. We want to continue to make a transformative impact and position ourselves as a key player in this technology initiative.”
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As previously reported by Cointelegraph, in May 2021 the City of Williston partnered with major crypto payment firm BitPay to begin accepting cryptocurrencies such as bitcoin as payment for electricity bills.
In addition to Bitcoin, residents can now pay their electricity bills using Bitcoin Cash (BCH), Ether, Wrapped Bitcoin, Dogecoin, Litecoin (LTC) and five currencies pegged to the US dollar such as Gemini Dollar (GUSD) and USD Coin (USDC). ) and Binance USD (BUSD) in Cummings.