Bitcoin Brands to Expand ATM Roll Out to New Hampshire

Bitcoin Brands to Expand ATM Roll Out to New Hampshire

Bitcoin Brands Inc (PINKSHEETS: CEHC) today announced that it expects to offer bitcoin sales via ATMs in the State of New Hampshire.

The company received a favorable "No Action" request from the State of New Hampshire Banking Department. A copy of the letter is available on the company's blog located at http://www.cephasbtc.tumblr.com/

"We are pleased to have the opportunity to bring bitcoin ATMs to New Hampshire. It is a win for our company, the bitcoin community and most importantly for the people of New Hampshire," added Peter Klamka President of Bitcoin Brands Inc.

Bitcoin Brands presently has bitcoin ATMs in Michigan and Montreal. The company is completing placements in additional Michigan locations as well as in Las Vegas. Bitcoin Brands is targeting Nashua and Manchester for the initial ATM locations.

The company's plan is to become the leading publicly traded operator of automated bitcoin vending solutions. 

Forward Looking Statements
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; changing regulations, ability to fund growth of equipment; material and component costs; Bitcoin prices, ability to find suitable locations for ATMs, competition; economic conditions; and consumer demand.

Additional considerations and risk factors are set forth in reports filed with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements


Related News

How Animoca Brands Raised $45 Million To Expand Web3 Business

According to a press release, Animoca Brands Japan, a subsidiary of Animoca Brands Corporation Limited, will expand its Web3 business. The company recently completed a $45 million funding round, setting its valuation at $500 million, with the MUFG Bank and Animoca Brands Corporation. Related Reading: Is This The Reason Dutch Authorities Arrested The Alleged Tornado […]

New Hampshire and Bitcoin: Perfect Together

The state motto of New Hampshire is "Live Free or Die". In January 1776, it became the first of the British North American colonies to establish a government independent of Great Britain's authority. So is it any wonder that it may indeed be the most Bitcoin-friendly place in the United States? The new film "101 Reasons: Liberty Lives in New Hampshire" shows what life in New Hampshire is all about. Also, how the revolutionary technology and currency of Bitcoin fit into its public mindset so perfectly. New Hampshire Accepts Bitcoin. The fact that New Hampshire has the highest disposable....

New Hampshire Bitcoiners Testify to State Regulators

New Hampshire has a well-earned reputation for being one of the most libertarian, progressive, and affluent municipalities in the United States. And we have covered its natural love of the revolutionary digital currency Bitcoin here at CCN. Now, the one of the smallest states in the Union is looking to take a leading step in United States history with the proposal to allow New Hampshire residents to pay taxes and other state-sanctioned fees in Bitcoin. New Hampshire looking to work with Bitcoin. New Hampshire House Bill "NH HB552", introduced February 12th by eight New Hampshire state....

Bitcoin Rocks 12th Annual PorcFest Festival This Week

School is out, and the 12th annual PorcFest Freedom Festival in Lancaster, New Hampshire begun on Sunday. Started in 2004 as part of the Free State Project, hundreds of merchants, teachers and businesses come together every year to meet people from all over the state and the world to showcase some of New Hampshire's finest people and offerings. Over the last few years, Bitcoin has become a major part of New Hampshire economics and culture, and there are many interesting events centered around the digital currency. Bitcoin and PorcFest. Perfect together. New Hampshire has long been one of....

New Hampshire Legislators Kill Bitcoin Tax Bill

A legislative effort that would have allowed New Hampshire residents to pay their tax bills using bitcoin has been defeated. The New Hampshire House of Representatives voted 264 to 74 to kill the bill on 20th January – a move that came just over a year after the measure was first introduced. The bill was introduced by state Representative Eric Schleien last January and proposed letting citizens in New Hampshire pay taxes and fees using the digital currency. If passed, the New Hampshire State Treasurer would have been mandated to select a bitcoin payments firm to process the transactions....