In a move many claim is suggestive of the general acceptance of Bitcoin as mode of transaction, the Atlanta-based Bitcoin Depot is launching more than 100 new bitcoin (BTC, +4.22%) ATMs in the U.S saying that it has doubled the number of its crypto kiosks in the last six months.
In a press release Wednesday, the company said it is launching 115 kiosks across 24 U.S. states including 14 in Alabama, 13 in Minnesota, 12 in Florida and 12 in California in coming weeks.
Bitcoin Depot said it has doubled its number of crypto ATMs in the last six months and now has 2,000 ATMs globally. Users can buy bitcoin, litecoin (LTC, +1.14%) and ethereum (ETH, +1.53%) via the firm’s kiosks.
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“Cryptocurrency offers a lot of opportunities for people [who] don’t have access to traditional financial services, like banks,” said the fim’s president and CEO, Brandon Mintz.
Kelechi Deca
Kelechi Deca has over two decades of media experience, he has traveled to over 77 countries reporting on multilateral development institutions, international business, trade, travels, culture, and diplomacy. He is also a petrol head with in-depth knowledge of automobiles and the auto industry