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Bitcoin Depot expands footprint by 400 ATMs

Payments Dive

The bitcoin ATM operator is adding to its fleet as it sees “a lot of demand,” according to COO Scott Buchanan.

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Bitcoin Depot CEO weighs in on new California law

Payments Dive

Bitcoin Depot CEO Brandon Mintz contends a new California law will “create economic challenges” for his company and other crypto ATM operators.

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Virginia-based bank provides Bitcoin access at ATMs

Payments Dive

Virginia-based Blue Ridge Bank is partnering with ATM operator BluePoint ATM Solutions and Bitcoin ATM software provider LibertyX to facilitate access to the cryptocurrency. This announcement comes as banks and regulators appear to be warming to digital assets, and as Bitcoin continues to gain value and attention.

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Bitcoin Daily: Bitcoin Drops To 23-Month Low; Bitcoin Use Up In Egypt

PYMNTS

After 180 days of volatility, bitcoin dropped to its lowest mark since November 2018, according to CoinDesk. Though bitcoin began to lag late last week as President Donald Trump was diagnosed with COVID-19 and the U.S. Bitcoin volatility has dropped 43 percent in the last month, CoinDesk writes. 26 security incident.

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Convenience chain to install bitcoin ATMs

Payments Dive

Pittsburgh-based GetGo joins a growing list of convenience store operators adding bitcoin ATMs, as retailers seek new ways to bring customers inside their stores.

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Bitcoin Daily: Bitcoin Near $11.5K As Stimulus Talks Reopen

PYMNTS

Bitcoin continued its upward trend over the weekend with prices near $11,500, according to CoinDesk , with the spike likely tied to the possibility of more U.S. Bitcoin has fluctuated during the pandemic, setting a record for the most days at a time closing at over $10,000 with 63 days straight, PYMNTS reported. stimulus funds.

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Block’s Ahuja chases bitcoin users for Cash App

Payments Dive

The digital payments company believes bitcoin “has the potential to transform the global transmission of money,” Block CFO Amrita Ahuja said Thursday.

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