The cryptocurrency Shiba Inu will now be available at Bitcoin of America ATM (BTM) locations. Bitcoin of America is an ATM dispenser where users can send their cryptocurrencies directly to fiat currency. It has over 1800 BTMs in 31 states.
It should be noted that Bitcoin of America also offers Litecoin and Ethereum options. This news comes after Dogecoin recently joined in March this year. It is also registered as a money service business with the United States Department of the Treasury.
Bitcoiners in the US have recognized the growing popularity of the Shiba Inu and have decided it is time to incorporate it into their BTMs. The popular operator has made several updates to its BTM and services over the past year. They launched their Universal Kiosks, which work as traditional ATMs with BTM functions. Their point-of-sale system was created for their tablet program, which has allowed businesses to accept cryptocurrency as a new form of payment.
This development comes as Shiba Inu announces the launch of its own metaverse, with 100,595 plots of virtual land. creator of shiba inu metaverse It is named ‘Shib: The Metaverse’. The developers will allow users to purchase virtual land through a series of events. Users need to visit the official Shiba Inu Metaverse website.
“This new portal will be operational in the next coming days and will start the process for users to lock their assets. Once this process is done, the event should start shortly after. It’s official. But this is your last call before the first phase and community engagement programs,” reads the SHIB blog.
Meanwhile, last year, the US Federal Bureau of Investigation (FBI) warned people against using crypto ATMs, especially those that advertise anonymity for transactions.
“These cryptocurrency ATMs may not comply with US federal regulations and may facilitate money laundering. Instructions for using a cryptocurrency ATM with these specific features are a significant indicator of fraud,” the FBI noted at the time. ,