CA Lawmakers: Crypto Can Solve Cannabis Payments Problem


Legalized cannabis has a huge cash payments problem – as in, operators have too much, given federal restrictions in the U.S. that have largely prevented the use of cards and digital payments. That introduces friction and more risks of theft into this growing area of retail, which is even gaining a luxury component as pot becomes more mainstream. But there is increasing movement to solve that problem, at least temporarily, via cryptocurrency.

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