CoinMate Enables Bitcoin Cash Purchases in 150 Countries
Following the announcement of its partnership with payment provider MoneyPolo, UK-based CoinMate has enabled Bitcoin cash purchases in over 150 countries. The Bitcoin startup, as per its comments to media, was heavily focussing on eliminating the need of banks while selling/purchasing Bitcoin. And then they found MoneyPolo, a renowned cash transfer company with services spread across over 100 countries. CoinMate strategically decided to integrate the said company onto their platform, while admitting to have been impressed by its cost effective cash withdrawal and deposit services.....
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European bitcoin exchange CoinMate has announced a new partnership with payment provider MoneyPolo. This enables users from over 100 countries to exchange cash for bitcoin and back. Users who wish to buy bitcoin with cash, need to open a MoneyPolo account as well as a CoinMate account. They can then fund their MoneyPolo account with cash at one of the company's partners with brick-and-mortar locations in over 100 countries. Once the MoneyPolo account is funded, the money can be transferred to CoinMate for free, where it can be used to buy bitcoin. Users who want to sell bitcoin for cash....
A new bitcoin exchange called Coinmate.io has just been launched in Europe to facilitate cryptocurrency trading. This exchange offers trading of BTC/USD, as well as withdrawals in Euros, Czech Koruna, and the Polish Zloty. Launched in April 15, Coinmate.io is registered in the United Kingdom and aims to provide quality bitcoin exchange services to the rest of Europe. It claims to offer only 0.2% in trading fees, free deposits, and multiple layers of security to protect consumers. Bitcoin Exchange Prospects. Experienced traders can be able to access the site's API for their bitcoin trading....
Bitcoin purchasing gateway Bitit has announced a distribution partnership, which will see 35,000 extra cash outlets added to its global network. 135,000 Reasons to Buy BTC with Cash. The French startup, which launched in 2015, already offers cash-for-Bitcoin services at over 100,000 physical locations worldwide. Its partnership with voucher provider CASHlib will allow anyone to purchase a voucher in person with cash, swapping a code on the Bitit website for the equivalent in BTC. “Until now, there have only been limited opportunities to purchase Bitcoin with cash in France. [The] Bitcoin....
Things only get worse, as the higher annual incomes will receive a higher tax allowance. Several countries around the world are looking to transition into a cashless economy. Some countries are actively forcing this change by banning banknotes. Greece seems to be the next country on the list to do so, as some changes will be coming in 2017. Taxpayers will only receive deductions when payments are made through debit or credit cards. A rather “soft” approach to ending cash, but a clear hint of what the future will hold for Greece. What makes these new guidelines intriguing is how they will....
What do Belgium, France, Italy, Greece and several other European countries have in common, other than proximity? All are plagued with governments that seek out and punish those who make large purchases in cash. This forces people to either use banks against their preference, or live with the risk of punishment. The states in both France and Belgium each forbid cash purchases in excess of €3000 (or US$3700). In Italy, the declared cash cap is even less—only €999 (US$1200). The Italian state even goes so far as to forbid people from paying their rent in cash altogether. If all of this....