You can now buy bitcoins at the Liechtenstein post office

The national postal service of the small European country, Liechtenstein, has confirmed that it will now offer bitcoin sales (BTC) as part of its product range.

Liechtenstein Post: Bitcoin Exchange "No different from Fiat"

In a press release, the Liechtensteinische Post confirmed that as of 15 February, everyone could exchange currency for Bitcoin in its branch in the capital Vaduz.

As part of a quest to expand La Poste's business, cryptocurrency sales are a continuation of the existing fiduciary exchange service currently available in the country's branches.

The integration was made possible thanks to a partnership with Vaerdex Switzerland, an automated cryptocurrency machine and a point-of-sale payment system from the neighboring community of Crypto Valley, Switzerland.

"In essence, nothing differs from the standard exchange procedures already included in the offers of the Post," says the statement.

With Vaerdex Switzerland, we were able to find a competent partner to develop the business model.

Crypto Valley expands its impact

We still do not know how many customers will buy and what kind of "physical" wallet the first Bitcoin buyer will receive.

In the future, the Post has announced that it wants to deploy this system throughout Liechtenstein by adding Bitcoin altcoins: Bitcoin Cash (BCH), Ether (ETH), Litecoin (LTC) and Ripple (XRP). ).

Like Switzerland, the country has already shown an avant-garde attitude towards the adoption of cryptocurrency. Last year, even its banking sector became integrated, with Bank Frick offering cryptocurrency purchases and cold storage facilities.

Earlier, the Crown Prince of Liechtenstein had publicly expressed his interest in investing in the industry.

This decision marks the latest success in terms of expanding Crypto Valley, the growing community in the Swiss city of Zug. Last month, Lambadu, the maker of Bitcoin ATM, moved to the city. This decision echoes that of Xapo, a provider of portfolios and storage, which completed a complex process from the United States in 2017.

What do you think of the Liechtensteinische Post offering Bitcoin? Let us know in the comments below!

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