25,000 Retail Stores, Including Sephora and Decathlon To Accept BTC In France By 2020

    The Crypto Revolution is coming to France. According to an announcement made during the Paris Retail Week, over 25,000 retail stores will have support for Bitcoin payments until early 2020. This will include 30 French retailers from large chains such as Sephora and Decathlon.

    This will happen because of a partnership between Global POS, EasyWallet, Easy2Play and these stores. With the partnership, BTC payments will be led to several different businesses in the country. Payments will be made in BTC but the money will always be receiving in euros by the merchants.

    Deskoin and Savitar are in charging of converting the payments, which will be made in accordance with the Digital Asset Service Provider act. Other stores that will get Bitcoin payments include Cultura, Norauto, Foot Locker, Intersport and Boulanger.

    Global POS CEO Stéphane Dijane affirmed that this is an important step to evolve how payments are made in France. According to her, this would prompt the country into entering Economy 3.0 by letting the citizens use crypto to make payments.

    One of the goals of the initiative is to broaden the adoption of cryptos as a method of payment. France already has around 4 million crypto owners and the number is bound to increase if people discover that they have more options for how to use these assets.

    At the moment, however, Bitcoin is the only cryptocurrency that will be used in the program. Dijaine affirmed that the company wants to give the customers more options soon, but that this is, unfortunately, not possible at the moment.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Gabriel Machado
    Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Dash Price Analysis (February 16) • The overall outlook of the coin market is bullish in trend. • The bears may have a temporal control. DASH/USD Medium-term Trend:...

    Stellar (XLM) Price Analysis (February 16)

    • The price of Stellar is likely to encounter a price breakout soon. • Buyers are in the dominance of the market. XLM/USD Medium-term Trend: Bullish •...

    Bitcoin Cash (BCH) Price Analysis (February 16)

    Key Highlights Lately, there was a slow-increasing mote in the BCH/USD trade worth. As at the time of writing, the crypto’s value looks being...

    MONERO (XMR) Price Analysis (February 15)

    Key Highlights There have been long series of relative up rises in the XMR/USD market activities.  The XRM/USD market has maintained a range interval...

    Bitcoin is Gold on Steroids that would Make an All-time High by Halving: Galaxy Digital CEO

    Earlier this week, Bitcoin breached $10,000 and since then we have been keeping above this level. The digital asset is up 40% in 2020 so...

    Ethereum Technical Indicator Flashes Warning Signal But Active Addresses Jump Nearly 27%

    There is an onslaught of bulls on Ethereum price which is up 114% in 2020 so far while trading at $281, a level last...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.