These events tend to attract a lot of marijuana enthusiasts too, a friend in the cryptocurrency space recently told me. This leaves cannabis companies scrambling for the handful of credit unions and smaller institutions that are willing to serve the growing, multi-billion-dollar industry. Blockchain payments platform Alt Thirty Six hopes to remedy this state of affairs by providing marijuana retailers a means to accept electronic payments. So, can cryptocurrency truly take the cannabis industry cashless? One of the most frequent criticisms I hear from financial experts in the cannabis space is that the anonymity of cryptocurrencies is exactly the opposite of what it needs.

Source: Forbes May 15, 2018 15:56 UTC