According to reports, The New York State Department of Financial Services has issued licenses to crypto-players Robinhood Crypto and Libertyx. Whereas the former now has the permission to trade and store seven virtual coins, the latter has become the first Bitlicensee to let users buy bitcoin with debit cards in classical ATMs in the state.
What Does it Mean?
In the case of Libertyx is the first NYDFS cryptocurrency licensee thanks to whom clients can buy BTC and its pals from conventional ATMs.
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It should be recalled that Libertyx set up its first bitcoin ATM around five years ago — in 2014. Since then it has been expanding its networks of stores for purchasing cryptos. On the company’s site, it is mentioned that they have thousands of ATMs, store cashiers and standalone debit kiosks for buying BTC.
