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Coming soon to community banks in the US: bitcoin ATMs?

Quick Take

  • Blue Ridge Bank, a Virginia-based community bank, appears to be the first U.S. bank to let customers buy bitcoin using its ATMs. 
  • The bank is working with crypto ATM service provider LibertyX.
  • Given the demand for bitcoin, it wouldn’t be surprising to see other community banks follow Blue Ridge’s lead.
Now that a community bank's Bitcoin services are up and running, it could be a model that other crypto-curious community banks follow.

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