Crypto ATM operator to expand to Texas, citing friendly regulation
Bitcoin Bancorp will join Bitcoin Depot, CoinFlip, and others offering crypto ATMs to the Lone Star State, which has begun gaining Bitcoin exposure via ETFs
Cryptocurrency ATM operator Bitcoin Bancorp, formerly known as Bullet Blockchain, said it would deploy up to 200 machines in Texas as part of its national expansion strategy.
In a Monday notice, Bitcoin Bancorp said the move into Texas, expected in the first quarter of 2026, is part of a strategy to deploy ATMs nationwide. The company said Texas was “one of the most crypto-forward jurisdictions,” citing the state’s “business-friendly regulation,” “modernized money-transmitter laws” and “pro-innovation policy environment.”
The second-most populous US state, with a population of 32 million, Texas has become a significant cryptocurrency hub. In addition to ATM operators like Bitcoin Depot and CoinFlip, which have deployed machines, the state is home to several Bitcoin (BTC) miners, including Riot Platforms, Cipher Mining and Bitdeer.