RATE Group | Cryptocurrency news: Tobacco shops in France get ready to sell Bitcoin in 2019
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Cryptocurrency news: Tobacco shops in France get ready to sell Bitcoin in 2019

Cryptocurrency news: Tobacco shops in France get ready to sell Bitcoin in 2019

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While the crypto-craze may be fading, in France it’s just about to begin. Bitcoins will be sold at some of France’s tobacco shops as early as next year.

The brains behind the initiative is French fintech company, Keplerk, who said said it has secured a contract with a local cash register software provider to give tobacco shops the option to sell cryptocurrency to their customers.

Keplerk said the tobacco shop owners will sell customers a voucher which can be used to obtain bitcoins via an electronic wallet owned by Keplerk.

The tobacco shops will be the first brick and mortar shops to sell bitcoins anywhere in the world.

“Tobacco shop owners are the best channel as they are trusted by customers and they are used to sell vouchers such as credit for mobile phones,” said Keplerk’s director for strategy and development, Adil Zakhar.

Keplerk said it will charge a 7% commission fee on every transaction to help finance the initiative.

The crypto project has been in the works for the…

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