SpectroCoin Brings Bitcoin-to-Cash Service to Europe and Central Asia
SpectroCoin, a localized bitcoin exchange service, announced today that their service is bringing Bitcoin exchanges to cash to major countries in Europe and Central Asia, including a few outliers across the world. Customers of SpectroCoin can now deposit and withdraw funds through localized bank transfers in Austria, Belarus, Belgium, Brazil, Bulgaria, Canada, Columbia, Costa Rica, Czech Republic, Denmark, Estonia, Germany, Georgia, Latvia, Lithuania, Netherlands, Nicaragua, Norway, Romania, Pana, Peru, Poland, Slovakia, Span, Sweden and the United Kingdom. Residents in these countries can....
Related News
London, November 18, 2014. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to withdraw cash in more than 25 countries around the Europe and Central Asia raging from France or Switzerland to Turkey by overcoming banks to provide an easier access to Bitcoin for unbanked people. In Europe and Central Asia where 193 million adults[1] are not using formal financial services, their financial exclusion might lead to a social exclusion. Provision of link for these people to a global payment network acts as a social mission to reduce....
SpectroCoin is now allowing its customers to convert bitcoin into cash in 25 countries across Europe and Central Asia. The announcement is the latest from the UK and Lithuania-based bitcoin services provider, which added merchant processing to its existing brokerage and wallet offerings in August. Speaking to CoinDesk, SpectroCoin CEO Vytautas Karalevičius compared his company's newest service to traditional remittance offerings, emphasizing that his company intends to make extending services to the underbanked in its region a core focus. Mantas Mockevičius, the company's chief compliance....
European Bitcoin exchange and payment processor SpectroCoin launched a debit card earlier this week that can be loaded with digital currency and spent at anywhere major debit and credit cards are accepted. A press release by London-headquartered SpectroCoin said the debit card can be issued to residents of 150 countries and is accepted at merchants around the globe. The startup, which also has offices in Latvia, Lithuania and Estonia, is focused on bolstering bitcoin adoption in Eastern Europe, a region largely overlooked by most digital currency companies. The debit card is SpectroCoin's....
Through an integration of the European payment network, WoraPay, users of the London-based Bitcoin mobile wallet SpectroCoin now can spend bitcoin at numerous Eastern European merchants. Paying merchants with bitcoin is done indirectly, however. Users' fund their WoraPay accounts with bitcoin sent from their SpectroCoin wallets, and then pay the merchant with euros through their phone. Though WoraPay has its own mobile wallet, the company also opened its payment network to third-party wallets. This gives other mobile wallets access to a growing number of merchants across Europe that accept....
Bitcoin services provider SpectroCoin has unveiled a new mobile app for iOS devices, a debut that follows the release of its Android and Windows apps in December. The UK and Lithuania-based company indicated the iOS app is designed to appeal to existing Apple customers who had previously used its desktop service, but turned to other wallet providers for on-the-go purchases and trading. SpectroCoin CEO Vytautas Karalevičius told CoinDesk: "It makes SpectroCoin more of a one-stop shop, as there is no need for third-party mobile apps. Also, differently from most apps, clients can have both....