Crypto ATM operator to expand to Texas, citing friendly regulation
Bitcoin Bancorp plans to deploy up to 200 crypto ATMs in Texas by Q1 2026 due to the state's favorable regulations.Summary
Cryptocurrency ATM operator Bitcoin Bancorp, formerly Bullet Blockchain, announced plans to expand its national strategy by deploying up to 200 machines in Texas, expected in the first quarter of 2026. The company cited Texas as "one of the most crypto-forward jurisdictions" due to its "business-friendly regulation," modernized money-transmitter laws, and pro-innovation policy environment. Texas is rapidly becoming a major crypto hub, hosting other ATM operators like Bitcoin Depot and CoinFlip, alongside significant Bitcoin miners. Furthermore, Texas lawmakers passed a strategic Bitcoin reserve bill, allowing the state to hold the cryptocurrency; state officials have already purchased $5 million in BlackRock's spot BTC ETF shares, with plans for further direct cryptocurrency investment.
(Source：Cointelegraph)