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User:Bri/POSaBIT

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This is an old revision of this page, as edited by MuZemike (talk | contribs) at 21:31, 29 April 2020 (Contest PROD; sources establish notability per the WP:GNG, plus a couple other sources not in this article). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

POSaBIT is a Seattle-based financial services company incorporated in 2015.[1] The business created a point-of-sale arrangement for purchasers of legal cannabis in Washington based on conversion of US dollars from a customer's debit card swipe using cryptocurrency.[2][3][4] Since going to market, POSaBIT has introduced a mobile payments solution and a fully integrated and compliant point-of-sale system.[5] In April 2019, POSaBIT went public and began trading on the Canadian Securities Exchange (CSE) under the ticker "PBIT".[6]

References

  1. ^ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=328775357
  2. ^ "Ganjapreneurs look to Bitcoin as big banks reject their money", The Cannabist, The Denver Post, June 19, 2017
  3. ^ Jennifer Kaplan (June 13, 2017), Bitcoin is helping the U.S. pot business get over its banking problem, Bloomberg News – via The Globe and Mail (Toronto)
  4. ^ Chris Moore (June 20, 2017), "Lack of Legal Banking Options Pushing Canna-Businesses Towards Bitcoin", Merry Jane
  5. ^ "Good news for card-carrying potheads: Seattle startup raising funds so you don't have to use cash". GeekWire. 2019-08-05. Retrieved 2019-08-14.
  6. ^ "POSaBIT Begins Trading on the Canadian Securities Exchange". www.businesswire.com. 2019-04-08. Retrieved 2019-08-14.
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