Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands, and as of today, you can buy and redeem bitcoin at 19 Blue Ridge Bank ATM premises, per press release.
“Blue Ridge Bank has announced that for the first time in U.S. history, a commercial bank will provide access to Bitcoin at its branch locations,” according to the release. “Cardholders can buy and redeem Bitcoin at 19 ATMs in Blue Ridge Bank, consisting of both ATMs in the branch and outside the business world.”
Although bitcoin and cryptocurrency-specific ATMs where customers can exchange fiat for BTC have been around for years, this is the first time a commercial bank has updated its existing ATM network to accommodate bitcoin. This was all made possible with the help of BTC ATM software provider LibertyX and Blueprint ATM Solutions.
“For years, consumers have been asking for the ability to buy bitcoin from their banks,” LibertyX CEO Chris Yim said of the release. “Now they can also buy bitcoin at their local ATM.”
It caters to customers’ demand for access to bitcoin, reflecting the sentiments of Tesla, which this week made headlines for investing in bitcoin and revealed plans to accept it as payment.
The adoption of Bitcoin is increasing, but now it seems to be starting to increase. Who will be next to bend the knee for Bitcoin?
