Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs. In a Monday announcement, NCR said it expected to purchase LibertyX later this year depending on regulatory licensing consents and approvals. The firm said it planned to offer LibertyX’s capabilities as part of its solutions for banks, retailers and restaurants, implying NCR clients could see crypto withdrawals, purchasing and payment features after the deal is finalized. “Our customers require a complete digital currency solution, including the ability to buy and sell cryptocurrency, conduct cross-border remittance and accept …

LibertyX, a major retail network of Bitcoin (BTC) ATMs in the United States, is expanding Bitcoin sales options at thousands of its ATMs. According to an Oct. 26 announcement, LibertyX has enabled a Bitcoin cashout feature at 5,000 regular ATMs across the United States. As such, consumers can now sell Bitcoin for cash at any of the participating ATMs. LibertyX CEO and co-founder Chris Yim said that previously, the firm’s software only supported Bitcoin purchases with debit cards. The latest addition allows holders to receive cash for selling their Bitcoin. Yim noted that Bitcoin has reached new yearly highs. “With …

LibertyX, the firm that launched one of the early Bitcoin ATMs, has just made purchasing Bitcoin in cash possible at more than 20,000 retail locations across the United States. In a June 22 announcement on LibertyX’s Twitter account, the crypto ATM service company said customers of retailers including 7-Eleven, CVS Pharmacy, and Rite Aid would be able to buy Bitcoin (BTC) with cash. Users need to have the LibertyX mobile app installed, select which retailer location they will visit in advance, and scan their barcodes at the time of purchase. According to LibertyX, crypto holders can buy between $20-$500—up to …

Recently the New York Department of Financial Services (NYDFS) granted statewide virtual currency licenses to two applicants: stock trading service Robinhood and cryptocurrency ATM operator LibertyX. The state’s regulatory regime, commonly known as BitLicense, imposes a set of strict disclosure and consumer-protection requirements on any business that offers cryptocurrency-related services to New York residents. Since the framework was introduced in 2015, only a handful of companies had their applications approved by the NYDFS: The elite club of BitLicense holders now counts just 16 entities, the two newcomers included. The state has also demonstrated that it keeps close tabs on those …

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BitAccess, the popular Bitcoin ATM manufacturer, has enabled customers to buy Bitcoin via debit card or cash in Canada by implementing Bitcoin purchases at over 6,000 locations in Canada. BitAccess’ well-established competitor, LibertyX, has 19,000 retail locations south of the border, in the US. Flexepin technology BitAccess’ new retail locations will use Flexepin technology, which involves buying a receipt-like gift voucher with a debit card or cash, and then entering the code printed on it into your BitAccess account, which will then credit the BTC amount to your wallet. This service is crucial to those privacy-orientated customers who do not …