This Virginia-Based Bank Is Letting Customers Buy Bitcoin at the ATM


Blue Ridge Bank is letting customers buy bitcoin where they get cash money.

Customers at the Charlottesville, Va.- based bank will certainly quickly have the ability to buy and also retrieve bitcoin at 19 of its Atm machines. To make this occur, the bank has actually partnered with Blue Factor ATM services, a nationwide ATM driver, and also LibertyX, a Boston- based bitcoin ATM software program carrier.

Blue Ridge had $1.5 billion in assets at the end of the 3rd quarter 2020, and also taken on the solution to more advance for the demands of its “current and future customers,” the bank’s Chief Executive Officer Brian Plum claimed in a news release.

“The ATMs remain able to serve cash-based and inquiry activity, so this is simply layering on more services and reinforces our commitment to the future of banking for all customers,” Plum claimed.