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Minority Communities

Bitcoin teller machines (BTMs) in the U.S. are disproportionately installed in areas with large Black and Latine populations, a Bloomberg analysis has revealed. BTMs in Black and Latine areas The number of BTMs, which allow people to convert cash into Bitcoin, has risen drastically over the last four years, now totalling around 31,100 units nationwide.  These machines, commonly found in gas stations and convenience stores, saw a surge during the pandemic as interest in digital currencies grew. However, a Bloomberg analysis has revealed that the machines are disproportionately installed in