Two-way Bitcoin ATM operator granted BitLicense in New York

posted 5 months ago
Another Bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending was granted one of the virtual currency licenses, the New York Department of Financial Services announced, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State.

Cottonwood could not be immediately reached for comment. The company’s Twitter account claims it is the “largest [New York] Bitcoin ATM network,” and that customers can both purchase or sell bitcoins through its machines.
Tags: bitcoin, news