The city of Williston, North Dakota, continues to research and take over the cryptocurrency industry by upgrading a cryptocurrency cash machine (ATM) at its international airport.
The city government has officially announced the installation of a “government-run cryptocurrency kiosk” at Williston Basin International Airport, which will allow passengers and non-tourists to buy and sell 40 types of digital currency. The list of supported coins includes Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE) and Shiba Inu (SHIB).
For this initiative, the city of Williston has teamed up with the cryptocurrency service Coin Cloud, which provides the city with digital currency machines (DCMs). According to the company, DCM is “more than just a bitcoin ATM” as it enables users to buy and sell not just bitcoin but 40 other digital assets with cash. Coin Cloud says, “Old Bitcoin ATMs can’t do any of that.
Hercules Cummings, the CFO of the city of Williston, told that the effort could be “the first instance of a government-organized crypto airport and ATM” in the United States. Now he also predicts the city’s crypto payment volume will increase, saying:
“With the government now accepting cryptocurrencies for utility payments while also hosting crypto ATMs, the government is a major player in delivering the public and accelerating the adoption of cryptocurrencies.”
The next step for the City of Williston is to put a crypto ATM in City Hall when there is higher demand at the airport, the official noted. “As part of our roadmap, we will eventually move these payment corridors to permits, permits and other fees in the city,” he added.
While the City of Williston supports the adoption of cryptocurrencies, its administration does not act as a fund custodian or administrator of cryptocurrency transactions. The DCM operator Coin Cloud handles purchases and withdrawals.
DCM’s primary goal is “to arouse public curiosity about the growing adoption and portfolio adoption of an asset class,” said Cummings. “We firmly believe that simple but big steps like these will get there. We look forward to continuing to make a transformative impact and positioning ourselves as a key player in this technology initiative, ”he added.
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Aspreviously reported, the city of Williston partnered with major crypto payment company BitPay in May 2021 to accept cryptocurrencies like Bitcoin as payment for utility bills.
In addition to Bitcoin, residents can now pay their utility bills with Bitcoin Dollar, Ether, Wrapped Bitcoin, Dogecoin, Litecoin, and five USD-linked stablecoins such as Gemini Dollar (GUSD), USD Coin (USDC) and Binance USD (Cummings said).