Croatia is a country in Europe located in the central and southeast part of the region. The country which is home to more than 4 million people joined the European Union in 2013. Last week, local postal services provided made an announcement connected with the crypto market. Croatian Post is the biggest provider of postal services in the country.
Starting from December 11, the customers of Croatian Post can exchange five cryptocurrencies for Croatian kuna at the post offices around the country. Croatians, as well as foreign users, will be able to use this service.
At the moment, it is possible to exchange five cryptocurrencies: Bitcoin core, Ether, Stellar, XPR, and EOS.
Croatian Post decided to introduce this service after a successful implementation of a pilot program. During a pilot program, three post offices in Zadar, a city on Croatia’s Dalmatian coast, offered this service, which is now available across the country.
The cryptocurrency exchange was created in cooperation with a local company. Electrocoin is a Croatian crypto exchange and payment processing provider.
Crypto services in Europe
Let’s have a look at this project. Crypto owners should submit a crypto exchange request, as part of the operation, a person must scan a QR code. The next step is to receive cash at a post office. Currently, 55 offices out 1,016 are supporting this service. It is possible to check to list of offices on the website of the Croatian Post.
Several countries in Europe are also working on crypto-related projects. For example, crypto owners can exchange their cryptocurrencies in Liechtenstein as well as Austria.
In Austria, more than 400 post offices and 1,350 post partner stores are selling Bipanda crypto vouchers. Users can redeem these vouchers on Bitpanda’s website.
In February, Liechtensteinische Post, which is the postal services provider in the country, started selling Bitcoin. Furthermore, it expanded this service to include other cryptocurrencies such as Ethereum, Litecoin, etc.