NCR Atleos, a leading ATM provider, has introduced the LibertyX Bitcoin Cashout feature in the United States. This feature allows customers to convert their Bitcoin into cash at ATMs. Users can pre-stage the transaction through an app, select the ATM for cash withdrawal, send BTC to a provided address, and use an access code at the ATM to receive US dollars. The rollout will begin in over 30 states initially. Participating ATMs must have Atleos' ReadyCode API. Each cash withdrawal using the BTC sale access code is limited to $400, but multiple codes can be used for sales. LibertyX, holding a New York BitLicense, aims to bridge the digital-to-physical gap through its BTC ATMs. NCR's acquisition of LibertyX in 2021 enabled this innovative feature, despite regulatory challenges faced by BTC ATM operators. The installation rate of BTC ATMs saw a decline in July, highlighting the complexities in this sector. Read more AI-generated news on: https://app.chaingpt.org/news