RATE Group | Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange
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Croatian Post Launches Pilot Program for Crypto-to-Fiat Exchange

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

Posted at 04:52h in Ethereum News by

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The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar.

The pilot service will reportedly enable crypto holders to convert Bitcoin (BTC), Ether (ETH), Stellar (XLM), XRP and EOS to cash in one of the Croatian Post’s local offices, according to an announcement by the postal service on July 24.

The exchange pilot is currently available at three post offices in Zadar in order to gauge market interest in the service. The Croatian Post ultimately aims to spread the service to major cities and tourist centers throughout Croatia. According to the report, the crypto-to-cash service has been running since July 15.

According to the announcement, the Croatian Post’s partner Electrocoin has been running its Bitcoin brokerage for five years. Per the firm’s website, Electrocoin’s services are available throughout the European Union. 

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