BTCGreece and Cubits to Help Small and Medium Businesses
The economy of Greece has been struggling for the past few years. Recently things turned worse after the country's banking system came close to the verge of collapse, forcing the government to impose transaction limits. With these limitations in place, people have started exploring for alternative options to withdraw, send and receive money. One such option is now being provided by Cubits, a bitcoin wallet and trading platform has collaborated with BTCGreece, a Greek bitcoin exchange to enable Greek businesses to make international transactions. With the government's capital controls in....
Related News
Bitcoin service provider and exchange Cubits has partnered with Greek bitcoin exchange BTCGreece to install 1,000 bitcoin ATMs and help small and medium sized businesses move money. “We are creating the ecosystem of bitcoin and blockchain solutions in the Greek market.” BTCGreece founder Thanos Marinos told CoinTelegraph. “That will include the rollout of 1,000 ATMs and solutions for the e-commerce and tourism industry. Partnering with best of breed companies in the bitcoin space will enable us to provide the Greeks with solutions that will ease the difficulties of the capital controls.”....
Bitcoin services provider Cubits.gr and bitcoin exchange BTCGreece are working hand in hand to provide solutions to debt-ridden Greece, which is still suffering massive capital outflow. Founded by Julian Mautner, Tim Rehder, and Andreas Lehrbaum, this partnership hopes to work around capital controls in the country to get small to mid-size businesses up and running. Cubits and the bitcoin exchange are working to come up with a cross-border payments system for Greece, supporting voucher payments backed by the cryptocurrency, as well as access to point-of-sale terminals and ATMs. Bitcoin....
CoinTelegraph spoke with Thanos Marinos, the founder of Greece’s only Bitcoin exchange, about the current debt crisis and Bitcoin’s surge in popularity in Greece and across the EU. Thanos Marinos is the founder of BTCGreece, the country’s only Bitcoin exchange dedicated to Greek clients. Due to the current capital controls imposed in the country, BTCGreece is the only place, besides the single Bitcoin ATM in Athens, where Greeks can buy bitcoins at the moment. “The demand [for Bitcoin] in the last 4 weeks has risen by 400%.” CoinTelegraph: Can you tell me about BTCGreece?
Cubits, an all-inclusive platform to buy, sell and manage bitcoin, has entered into a strategic partnership with ApcoPay, a global online payment service provider to enable more than 500 businesses to accept bitcoin, as well as major cards and e-wallets. "Our collaboration with ApcoPay is another important step for us in bringing Bitcoin to the global marketplace," said Cubits CEO Tim Rehder. "Through ApcoPay, we reach a wide audience of businesses and can make them aware of Bitcoin's advantages easier than ever before. It is our main goal to develop a flexible payments ecosystem for....
Institutional adoption is not exclusively for big corporations. In fact, small and medium businesses could benefit tremendously from a Bitcoin strategy. Following Senator Cynthia Lummis, who’s scheduled to talk at the Bitcoin 2021 conference this weekend, we stumbled upon the story of Tahinis Restaurants. A chain of four restaurants in Ontario, Canada, that’s on the […]