A New Era of Financial Freedom: Albuquerque's Crypto ATM

18 April 2023

Crypto Revolution: Albuquerque Welcomes First Crypto ATM in the USA

General Information About Los Albuquerque

Albuquerque is the largest city in the state of New Mexico and is located in the central part of the state. The city is situated in the high desert of the Rio Grande Valley, at an elevation of 5,312 feet. Albuquerque is known for its beautiful and diverse landscape, which includes the Sandia Mountains and the Rio Grande River. The city has a population of approximately 558,000 people, and is a major cultural, educational, and economic center for the state. The city is home to many museums, galleries, and art centers, as well as numerous parks, trails, and outdoor activities. The city is also home to the University of New Mexico, the cultural hub of the state, and the Albuquerque International Balloon Fiesta, the world’s largest hot air balloon event. The city also has a vibrant food scene, with many local restaurants and food trucks that offer unique flavors. There is something for everyone in Albuquerque, making it a great place to live, work, and visit.

Albuquerque has a diverse and well-developed economy, with a strong presence in technology, aerospace, and defense, as well as other sectors. The city is home to a number of high-tech companies, including Intel, Sandia National Laboratories, and the Kirtland Air Force Base. Albuquerque is also a major hub for the aerospace industry, with companies such as Boeing and Lockheed Martin having significant operations in the city. Additionally, Albuquerque is a major player in the renewable energy sector, with several solar, wind, and geothermal energy companies operating in the area. Finally, the city is home to a thriving tourism sector, with numerous hotels, restaurants, and tourist attractions.

Exploring the Diverse Population of Albuquerque, New Mexico

Albuquerque is a diverse city with a population of 559,121 people as of 2019. According to the US Census Bureau, the city is comprised of 46.9% Hispanic or Latino, 32.6% White, 8.0% African American, 5.7% Native American, and 5.6% Asian. The median household income in the city is $51,741 and the median age is 33.2. Education levels in the city are above the national average, with 33.9% of the population having a bachelor's degree or higher. The culture of Albuquerque is a mix of Native American, Hispanic, and Anglo-American influences. Many of the city's residents are bilingual and speak both English and Spanish.

Unleashing the Power of the Innovation Economy: A Vision for Albuquerque

Albuquerque is increasingly becoming a hub for new technologies and businesses. The city has embraced innovation, investing in startups and creating numerous resources for entrepreneurs, such as incubators, accelerators, and coworking spaces. It is also home to several research and development centers, including Sandia National Laboratories, the US Air Force Research Laboratory, and the University of New Mexico's Innovation Academy. These organizations are helping to spur technological advancement in the city and the state of New Mexico. Additionally, the city is actively investing in infrastructure such as the Albuquerque Rapid Transit (ART) project, which is a modern public transport system that uses the latest technologies to provide efficient and reliable service. With all of these initiatives, Albuquerque is becoming a leader in the world of new technologies.

Albuquerque has been at the forefront of embracing blockchain technology. The city is home to the University of New Mexico's Blockchain Research and Innovation Center, which is dedicated to researching and developing blockchain applications and providing resources to the business community. Additionally, the city has partnered with the Blockchain Education Network of New Mexico to host regular blockchain hackathons and events, as well as to promote blockchain education. Albuquerque is also home to the first-ever blockchain accelerator, the ABQid Accelerator, which is designed to help early-stage blockchain startups grow and succeed.

A Bit Closer Look at the Economic Situation of Albuquerque

Albuquerque has quickly become a hub for cryptocurrency and blockchain technology. The city has hosted a number of events related to cryptocurrency and blockchain technology, including the Blockchain Unconference, the Crypto Fest and the Crypto Summit. Additionally, several startups in Albuquerque are actively developing and launching new blockchain applications and services. The city is also home to a number of cryptocurrency exchanges and is actively working to create a regulatory framework for blockchain technology.

Albuquerque is home to one of the first crypto ATMs in the United States. The ATM, located at the Albuquerque International Sunport, allows users to purchase and sell Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The ATM is operated by Athena Bitcoin, and offers a convenient way for users to access cryptocurrencies. The first crypto ATM installed in Albuquerque was installed by a company called CoinFlip.

The first crypto ATM in Albuquerque was installed in April 2018 and was operational until December 2018. In December 2018, the ATM was removed due to lack of demand and difficulty in complying with local regulations.

Current Situation in Albuquerque

As of February 2021, there are currently no crypto ATMs in Albuquerque, New Mexico. However, there are several companies that have made crypto ATMs available in other parts of the United States, including Coinsource, Lamassu, General Bytes, Bitaccess, and Athena Bitcoin. It is possible that one of these companies will bring their crypto ATMs to Albuquerque by 2023, but there is no guarantee.

Crypto ATM Locations in Albuquerque:

  1. AFX ATM, 3905 Carlisle Blvd NE, Albuquerque, NM 87110
  2. Coin Cloud ATM, 4700 Cutler Ave NE, Albuquerque, NM 87110
  3. Coin Cloud ATM, 5100 San Mateo Blvd NE, Albuquerque, NM 87110
  4. Coinsource ATM, 8400 Menaul Blvd NE, Albuquerque, NM 87112
  5. Coinsource ATM, 3300 San Mateo Blvd NE, Albuquerque, NM 87110
  6. Coinsource ATM, 2800 Eubank Blvd NE, Albuquerque, NM 87112
  7. Coinsource ATM, 8500 Menaul Blvd NE, Albuquerque, NM 87112
  8. RockItCoin ATM, 1016 San Pedro Dr NE, Albuquerque, NM 87110
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Authors and Editors

Rebecca Levinson
Personal Finance Editor
Rebecca Levinson is an editor at CashRadar. Before that, she wrote about travel, fitness and fashion. Born and raised in Kansas City.
Julia Williams
Writer for fintech companies
I am an accomplished content marketer certified by Smartblogger, leveraging over 35 years of expertise in the banking and finance sectors. Throughout my extensive career, I have actively contributed to the growth and success of renowned institutions in these industries, constantly adapting to the evolving landscape and regulatory frameworks.