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April 23, 2018, 08:26:06 AM |
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Cryptocurrency payments are becoming more and more popular in the Baltic States
Buying a Cup of coffee for BTC in Lithuania, Latvia and Estonia is a common thing. Hotels, restaurants, bars, cafes, souvenir shops and even orthopedic clinics now accept cryptocurrencies. In Vilnius, there are 30 points that accept bitcoin as payment, in Tallinn – 26, in Riga – 21.
Also, the Lithuanian branch of the United Colors of Benetton franchise began to accept cryptocurrency. It will be possible to buy clothes in Vilnius stores using Bitcoin, Etherium, Dash, NEM and Steem.
Cryptocurrency payments have also started to be accepted by real estate sellers. Soon, potential buyers will have the opportunity to purchase land and houses in the cottage village of Auri, near Vilnius, the capital of Lithuania.
To buy property in bitcoin is possible and in Latvia and Estonia – in Latvia Jurmala for the cryptocurrency penthouses for sale, as Estonian real estate brokerage firm LAAM Kinnisvara announced the beginning of acceptance of cryptocurrency for the purchase of apartments in the town of Maardu, a 15-minute drive from Tallinn.
Cryptocurrency regulation in the Baltic States So far, none of the three countries has comprehensive legislation on cryptocurrencies. Latvia is considering the possibility of taxation of cryptocurrencies taxes, and in Estonia pondered the idea of issuing its own digital currency. In turn, the Central Bank of Lithuania, which previously held a relatively hostile position towards cryptocurrencies, began to consult with representatives of the industry in order to develop legislation addressed to this sphere. Thanks for the + 1 merit
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