Category Archives: Ljubljana

Auto Added by WPeMatico

The Ten Top Cities to Visit With Bitcoin in Your Pocket

Investopedia recently used Coin ATM Radar, coinmap.org and other metrics to calculate the best cities around the globe to visit with Bitcoin.

You don’t have to be in London or New York to use or access your bitcoins.  ATMs are turning up in the most unlikely places, such as the sleepy Devon town of Kingsbridge in the South West of England, where just last month a Bitcoin ATM was set up in the corner of the town’s Tourist Centre.

The Prague subway now has ten new machines spread across its route and the German Federal Financial Supervisory Authority (BaFin), has clarified that banks in Germany now have the right to upgrade existing ATMs in the country to facilitate certain cryptocurrencies. With the last ATM count approaching 4000 worldwide, it won’t be too long before one is accessible wherever a traveler finds themselves.

So, until then, for the global traveler, where is the best place to cash out some BTC or buy dinner? The following breakdown includes Investopedia’s top dogs when it comes to accessing or spending your crypto funds. Here are the top ten based on Bitcoin accessibility and usability.

  1. The global base of mega crypto exchange Coinbase is San Francisco, not only home of the street tram and Fisherman’s Wharf, but also home to 177 Bitcoin-accepting merchants and 29 Bitcoin ATMs.
  2. Canada has a reputation for being crypto friendly, having been recently described as further advanced in cryptocurrency policy than its US neighbor. The coastal city of Vancouver boasts of 86 merchants accepting the digital currency as well as 48 Bitcoin ATMs around the city.
  3. Half a million Dutch households own crypto so it is unsurprising that Dutch capital Amsterdam is Bitcoin-friendly to the traveler. There are about 74 merchants around the tiny country, with a population under 800,000, accepting Bitcoin. Although, ATMs are not yet patronized as that of the neighboring cities. Approximately 60% of the households in the Netherlands who invest in cryptocurrencies started doing so in 2017.
  4. Ljubljana, Slovenia with a tiny population of 272,000, Ljubljana has 51 merchants accepting Bitcoin and five ATMs.
  5. Tel Aviv, Israel. Israel’s financial center offers 58 merchants that are more than happy to take BTC and has 4 Bitcoin ATMs. Bitcoin is a fact of life in the country, and the government has acknowledged it as a taxable asset with investors purchasing gold and real estate with the flagship cryptocurrency, cherishing its anonymity.
  6. Along with Malta, Switzerland is Europe’s real crypto mover and shaker. Out of the world’s six biggest initial coin offerings (ICOs) last year, four took place in Switzerland, according to Swiss financial watchdog, Swiss Financial Market Supervisory Authority (FINMA). In Zurich 64 merchants take Bitcoin and eight ATMs serve a tiny population of 366,000. Bitcoin is now available as payment at 1,357 railway ticket kiosks around the alpine nation.
  7. Tampa, Florida may seem an unlikely place to find a community utilizing cryptocurrency but the city provides as many as 93 merchants accepting BTC. Also, a good scattering of 13 ATMs around the city means that travelers are never far from a source of cash.
  8. Both Venezuela and Argentina are in financial crisis. However traveling in Buenos Aires with Bitcoin is made easy with a huge 130 merchants accepting Bitcoin and 3 ATMs, although the government of Argentina has promised to swell those numbers over the next few years. In fact, with no intention of keeping things small, Argentina plans to become the world’s biggest player with pre-agreements to install 4,000 ATM around the South American country.
  9. New York usually does things big, hence 117 ATMs around the city, meaning that most areas of the city are covered whether up, mid, or downtown. 122 merchants also accept Bitcoin as payment. Wall St. has been making noises about crypto this year, so it shouldn’t be too long before banks update their fiat ATMs in America’s banking metropolis.
  10. The UK was quick to take to cryptocurrency; 88 merchants accepting Bitcoin and 74 ATMs around the busy and culturally diverse capital illustrate this enthusiasm. London made the news recently when a mosque announced that it had successfully reached and exceeded its target of donations over the Ramadan period – in cryptocurrency.

Follow BitcoinNews.com on Twitter: @BitcoinNewsCom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post The Ten Top Cities to Visit With Bitcoin in Your Pocket appeared first on BitcoinNews.com.

Non-Profit Blockchain Hub Opens in Slovenia

The Slovenian capital of Ljubljana has become the host of the European Blockchain Hub – a non-profit organization that hopes to become a leading platform in Europe that brings together blockchain stakeholders.

Founders of the hub partnered with 13 organizations prior to its launch last Friday, coming from a range of areas within the blockchain industry including education, regulation and research. Several prominent partners from this group include the Slovenian government and Blockchain Alliance Europe.

A spokesperson for the project said that the hub will be based on “European values and principles of good corporate governance”, working towards a goal of promoting blockchain adoption and furthering the development of the technology. It will also be used to aid and work closely with blockchain startups.

Headquarters for the European Blockchain Hub will be located in BTC City, Slovenia’s largest shopping district. BTC City has recently made significant investments in technology to promote the district as an “innovative and digital city”, according to its chairman Joze Mermal. Bitcoin has already been made available as a local payment option, while it has also begun testing driverless cars.

Acceleration Business City or ABC Accelerator is also located in Ljubljana, acting as a private company aimed at promoting entrepreneurs from around the globe.

While the blockchain hub will certainly benefit the country’s standing in the field, its ambition of turning Slovenia into the ”leading blockchain nation in Europe” may not quite hit the mark considering its fierce neighboring competitors.

In particular, Malta has taken great measures to promote itself a blockchain and cryptocurrency friendly nation. Earlier this year, two on the world’s largest cryptocurrency exchanges made a move to headquarter themselves in the country.

Binance and OKEX Technology Co were both presumably allured by Prime Minister Joseph Muscat’s transparent, thorough regulatory framework that gives blockchain companies assurances for the future that so many nations cannot offer right now.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Non-Profit Blockchain Hub Opens in Slovenia appeared first on BitcoinNews.com.

Retail Complex in Slovenia for “Bitcoin City” as Ljubljana Embraces Fintech

The largest shopping area in Slovenia, coincidentally named BTC, has plans to extend its cryptocurrency profile through a fintech startup in an effort to make it become a ‘Bitcoin City’.

The complex, which stretches over a huge 475,000 square-meter space, filled with 500 stores, was visited by Prime Minister of Slovenia Miro Cesar, who recently experienced the shopping center’s existing strategy hands on. He was greeted by a cup of coffee purchased for him by state secretary Tadel Slapnik, using the Elipay cryptocurrency transaction system.

The complex, located in the Slovenian capital Ljubljana, now has a point of sale system created by fintech startup Eligma, which now facilitates crypto payments in a number of BTC stores. The company described the project as “a business and shopping ecosystem based on the latest technological solutions including blockchain, AI, and cryptocurrencies”.

The BTC company was founded in 1954 expanding from 1990 into a commercial enterprise opening the shopping area, housing an hotel, a sports complex, a casino, a multiplex cinema, a water park, and the tallest building in Slovenia, the Crystal Palace Office Park. It now describes itself as being “famous for being the largest and most popular European business, shopping, recreational/leisure and cultural center” in Slovenia.

According to Bitcoin.com, the company claims that the complex will become the first of its kind in the world to provide its visitors, consumers and business partners with an ecosystem that will develop and integrate advanced technologies based on state-of-the-art approaches and the world of cryptocurrencies.

There are also some one-way cryptocurrency ATMs on the premises, as well as a blockchain think tank and the biggest crypto mining rig in Slovenia.

BTC commented that the project, as part of its “openness-oriented strategy”, will provide its customers and businesses with the freedom and choice to purchase using new forms of payment.

 

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

The post Retail Complex in Slovenia for “Bitcoin City” as Ljubljana Embraces Fintech appeared first on BitcoinNews.com.