Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto.
According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and pricing infrastructure to fulfill regulatory requirements for cannabis businesses in the state of Nevada. Recreational and medical marijuana has been legal in Nevada since 2016, but a bill introduced to the state’s legislature two years ago seeks for registered cannabis businesses to have a cashless payment system.