February 9, 2023

Lithuania launched MTC retail sales

Lithuania launched MTC retail sales

In Lithuania, a startup started selling bitcoin vouchers through a network of popular convenience stores and newspaper stalls.

The startup behind this idea offers physical vouchers purchased at Narvesen convenience stores and Lietuvos Spauda kiosks to transfer to crypto-wallets on its website.

“With this project we want to simplifyThe Bitcoin buying process is even for those who have never bought this cryptocurrency before, ”said Raimundas Asauskas, a spokesman for Rebiton, a coupon processing service.

A Lithuanian startup has chosen popular retail chains in the country for selling bitcoin vouchers because of their “positive attitude to cryptocurrencies” and the ability to attract a new audience.

Chain of stores "walking distance" Narvesenknown for her creative approach in attracting customers. At sixty retail outlets, cash can be withdrawn directly at the box office. The company hopes that the sale of cryptocurrency will attract a young audience. You can pay for MTC coupons with cash and a card. Buyers do not need identification for verification, and they can exchange bitcoin vouchers using only their email and crypto-wallet addresses.

In response to the news, the country's central bankwarned buyers against the risks associated with the purchase of bitcoin vouchers. Earlier in June, Lithuanian media reported on the upcoming new rules for cryptocurrency transactions, which would require companies to confirm the identity of customers.