TOBACCO SHOPS WILL SOON SELL CRYPTOCURRENCIES THROUGHOUT FRANCE 2018 will remain in the history books as the Annus Horribilis for Bitcoin (BTC) $3484.60 -0.11% enthusiasts and investors. It is the year when the cryptocurrency plummeted from almost USD $20,000 to USD $4,060. The good news is that 2019 is quickly approaching and bringing good news for the crypto market. In effect, starting in 2019, thousands of points of sales will sell Bitcoin throughout France. Under the auspices of the Central Bank, the French Prudential Supervision and Resolution Authority (Autorité de contrôle prudentiel et de résolution – ACPR), is the institution charged with monitoring the transactions performed by banks and insurance companies in France. ACPR has officially authorized the Federation of tobacco shops to begin selling bitcoin at the start of 2019. At first, between 3,000 and 4,000 shops will be equipped with software to process direct purchases of “coupons” of bitcoins. The amounts of Bitcoin that can be bought will be of the following values: 50, 100, or 250 euros. Subsequently, the other tobacconists will also be equipped to exchange the cryptocurrency. Thanks to this agreement, tobacconists will be able next year to market coupons of 50, 100 or 250 euros convertible on the KeplerK website, bitcoins, ethereum, or another encrypted currency. 18852
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