Over 5,000 Tobacco Shops In France To Start Selling Redeemable Bitcoin Coupons

The crypto startup Keplerk relaunching it's BTC payments service, which is set to be enabled in around 5,200 tobacco stores located in France. The main idea is that the clients will be able to buy Bitcoin (BTC) from the stores using coupons that are worth 50, 100 and 250 EUR worth of crypto.

This service was originally suspended after the initial launch back in January, but it is ready for a comeback. All payments will be provided by a company called Bimedia.

Initially, the service only included six tobacco shops from the country and it grew to up to 24. After the cancellation of the project, however, the group planned to expand the services and now thousands of stores will be a part of this initiative.

Adil Zakhar, the co-founder of the crypto company, affirmed that the project would be expanded some time ago. The French central bank did not endorse this initiative, but this did not influence the company a lot.

In fact, it seems that France is seeing a big surge in crypto adoption. Last month, there were around 25,000 points of sale in which people could use crypto payments in the country. Companies such as Domino’s Pizza, Sephora and Decathlon are all reported to be accepting crypto payments in France right now.

Because of the crypto usage surge, the government has been looking into crypto's more than ever. Recently, the Economy Minister Bruno Le Maire affirmed that the government will not tax crypto to crypto trades but will tax it when crypto is traded for fiat currency.

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Hank Klinger
Hank Klinger
Hank Klinger has been working online for seven years now. He has written for several national companies. Hank has been a part of our team for over three years, reviewing ICOs, new cryptocurrencies and helping us keep up to date with industry news. His primary knowledge is in marketing, sales, and advertising, and he uses that knowledge to research and pick out reliable sources of information to use as a basis for his writing.

[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

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