Croatian Submit Launches Pilot Program for Crypto-to-Fiat Change


The Croatian Submit has partnered with Electrocoin to run a pilot program for a crypto-to-fiat change within the metropolis of Zadar.

The pilot service will reportedly allow crypto holders to transform Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to money in one of many Croatian Submit’s native places of work, in accordance with an announcement by the postal service on July 24.

The change pilot is at present accessible at three put up places of work in Zadar with a purpose to gauge market curiosity within the service. The Croatian Submit in the end goals to unfold the service to main cities and vacationer facilities all through Croatia. In line with the report, the crypto-to-cash service has been working since July 15.

In line with the announcement, the Croatian Submit’s companion Electrocoin has been working its Bitcoin brokerage for 5 years. Per the agency’s website, Electrocoin’s providers can be found all through the European Union. 

Cryptocurrency and blockchain within the postal sector

In February, Lichtenstein’s official postal service, Liechtensteinische Submit AG, announced plans to supply cryptocurrency change providers at their bodily places. In July, the regional director of Liechtenstein postal branches, Gustav Gstoehl, said this system had been a hit. 

Liechtensteinische Submit will reportedly additional develop the service by growing the day by day change restrict from 1,000 Swiss francs ($1,009) to 20,000 francs ($20,189), and increasing to extra places.

As beforehand reported by Cointelegraph, the Austrian Submit launched a line of blockchain-certified collectible stamps in June. These stamps are apparently the primary crypto collectible stamps on the earth, and had been issued in two accompanying elements — a useful stamp stylized with the Ethereum unicorn, and an authenticator for the stamp containing a QR code.

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