Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange

The Croatian Submit has partnered with Electrocoin to run a pilot program for a crypto-to-fiat trade 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 workplaces, in keeping with an announcement by the postal service on July 24.

The trade pilot is presently out there at three put up workplaces in Zadar so as to gauge market curiosity within the service. The Croatian Submit finally goals to unfold the service to main cities and vacationer facilities all through Croatia. Based on the report, the crypto-to-cash service has been operating since July 15.

Based on the announcement, the Croatian Submit’s associate Electrocoin has been operating it’s 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, introduced plans to supply cryptocurrency trade providers at their bodily areas. In July, the regional director of Liechtenstein postal branches, Gustav Gstoehl, said this system had been successful. 

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

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 planet, and had been issued in two accompanying elements — a purposeful stamp stylized with the Ethereum unicorn, and an authenticator for the stamp containing a QR code.

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