Cubits and Bitcoin Exchange BTCGreece Team Up
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....
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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....
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.”....
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?
There is good news for those in the Bitcoin community who wish to help the refugees coming to Europe. Cubits, the German Bitcoin exchange and wallet provider, has now started accepting Bitcoin donations on behalf of leading charity organisations. The exchange has also vowed that every donated Satoshi will directly and swiftly reach those who need them. The information on the website of Cubits also stressed in unequivocal terms that "this was an effort to mobilize the Bitcoin community for donations in the light of the acute refugee emergency situation across Europe." For this effort,....
Cubits has launched a web application designed to speed up and simplify bitcoin transactions. Notably, the London-based cryptocurrency startup allows customers to buy bitcoin in minutes, making it one of the fastest digital currency platforms in Europe, according to the company. "We want to speed up the process of getting bitcoin and making online payments fair and accessible, especially for merchants and charities that could really benefit from lower fees," said Andreas Lehrbaum, co-founder of Cubits and the co-founding chairman of Bitcoin Austria. Focus on speed and accessibility. The....