A Virginia bank claims it’s the first American commercial bank to provide access to bitcoin at its branch locations. Cardholders can purchase and redeem bitcoin at 19 Blue Ridge Bank ATM locations, consisting of both branch and offsite ATMs.
Blue Ridge Bank partnered with BluePoint ATM Solutions, a national ATM operator based in Woodstock, VA, and Boston’s LibertyX, the leading U.S. bitcoin ATM software provider. BluePoint is one of the largest privatel -held ATM management companies in the U.S., with offices in Virginia and Colorado.
"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,” said Brian K. Plum, chief executive of Blue Ridge Bankshares Inc., parent company of Blue Ridge Bank.