US City Installs Crypto ATM at Airport After Accepting Cryptocurrency for Payments – Finance Bitcoin News

Williston, North Dakota in the United States is installing cryptocurrency ATMs at its international airport. “This marks the first government-hosted cryptocurrency kiosk,” the city said. Williston will also accept cryptocurrencies to pay utility bills.

‘The First Government-Hosted Cryptocurrency Kiosk’

Williston (U.S. State of North Dakota) has announced Wednesday a collaboration with cryptocurrency ATM operator Coin Cloud. The partnership will allow for the installation of a cryptocurrency ATM in its Williston Basin International Airport. According to the city,

This is the first Coin Cloud-hosted kiosk at an airport.

“This is an ambitious step in introducing and engaging the public towards cryptocurrency while proactively playing a role in building the digital ecosystem,” commented the city’s finance director, Hercules Cummings. “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.”

Coin Cloud’s crypto ATMs, known as Digital Currency Machines (DCMs), allow users to buy and sell over 40 cryptocurrencies, including bitcoin, bitcoin cash, dogecoin, shiba inu, cardano, and ether. Customers can withdraw funds from their digital wallets. It clarified that the city does not manage crypto transactions or act as a fund custodian.

Cummings opined: “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 city’s finance director further explained that Williston partnered with Bitpay in May “to accept digital currency for city utility bills.”

He noted: “Now with a municipal-hosted DCM, we are creating a successful road map for the public to embrace cryptocurrency.” Referring to allowing residents to pay with cryptocurrencies, Cummings said:

This service is offered by the State of North Dakota’s first municipality, as well as the third nationwide.

The city clarified that only utility bills are currently eligible to be paid with cryptocurrency, noting that “Quality assessments will be conducted, and volumes evaluated, before migrating other bills such as landfill, permits, and licenses.”

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Bitcoin ATM, BitPay ATM, BTM Coin Cloud, Coin Cloud Crypto ATM, Cryptocurrency ATM. dcm. Williston Accepts Bitcoin, williston Accepts Cryptocurrencies, williston nd

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