More BTMs in Washington DC


On April 12, Coinsource, a bitcoin teller machine (BTM) network, announced a deployment of 20 BTMs in Washington D.C. metropolitan area. Also, Zimbabwean cryptocurrency exchange, Golix, will also be installing a BTM. This will be the first in Zimbabwe.

“We are meeting Washington D.C. at an inflection point, where regulators are looking at the value and potential of decentralized currencies and blockchain technology,” said Sheffield Clark, CEO of Coinsource. “We are happy to be now servicing Washington D.C. and the surrounding communities so that they can have easy access to buying and selling bitcoin” he added.

Coinsource, received high demand from cryptocurrency users that they expanded their services into Washington D.C. Their demand continues to rise after launching ten machines in Rhode Island, New Hampshire, and Massachusetts in February.

Today, there are approximately 2,753 bitcoin ATMs in the US. 75.75% percent of the global total number of BTMs are located in the US.


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