Coinsquare buys majority stake in Just Cash in bid to make world's ATMs crypto-friendly

Cryptocurrency trading platform Coinsquare is making a bid to make digital assets more accessible. 

Coinsquare has announced it has made a controlling investment in software provider Just Cash, whose tech will allow any ATM to sell cryptocurrency. The software does not disrupt the ATM network, no hardware changes are required and there are no additional costs to the operator.


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Coinsquare CEO Cole Diamond believes crypto-friendly ATMs are key to making digital assets accessible to the masses. 

“Right now, there is a lack of mainstream cryptocurrency adoption because most people are intimidated by the process to acquire it,” said Diamond. “By using the millions of existing ATMs around the world, we can now bridge the gap and give new users the easiest and most familiar experience to purchase cryptocurrency.”

About Author

Isabel is The Block's London and European reporter. She previously reported for Reuters in Madrid and London, following on from her time as a freelance journalist for the Guardian and the New York Times. She has a Bachelors in War Studies from King’s College London and a Master of Philosophy from the University of Oxford. Conflict of Interest: Edward Woodford, the CEO of SeedCX, is Isabel's brother. She does not report on any issues related to Seed or advise other authors in any regard.