Bitcoin of America, a major BTC ATM operator in the United States, announced on Monday that Shiba Inu (SHIB) is now available at its ATM locations in 1800 machines across 31 states. According to the press release, the reason behind the support of SHIB is tied to the recognition of the token’s growing popularity.
Additionally, Bitcoin of America offers Litecoin, Ethereum and Bitcoin. The news follows the addition of Dogecoin to their cryptocurrency portfolio in March. Bitcoin of America is a popular virtual currency exchange , registered as a money services business with the United States Department of Treasury (FinCEN).
Over the past year, the operator has made numerous updates to its BTMs and services. First, the company released its universal kiosks, which function as traditional ATMs and BTMs simultaneously. They created a point-of-sale system for their tablet program that has allowed businesses to accept cryptocurrency as a form of payment.
Santo Mining Bitcoin ATMs Purchase
At the end of 2021, Santo Mining announced the purchase of 50 Bitcoin ATMs. The purchased BTC ATMs will be shipped to the company’s office in the Republic of Panama by the end of the first quarter of 2022. During the year, Santo is planning to buy 300 Bitcoin ATMs through an investment of more than $1 million. Santo Pay de Panama, a subsidiary of the company, will be developing a multinational rollout plan for Panama, Colombia and Costa Rica.
“2022 will be a non-stop year of growth for Santo, as I personally plan for the companies’ 2022-year workload schedule. Santo is on a journey to help bring a new wave of crypto banking, investment and commerce to over 400,000,000 people in Latin America that are unbanked or unbankable, including 10%-15% of the Hispanics in the USA that also are unbankable,” Frank Yglesias, the CEO of Santo, said at that time.
