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Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

DATE POSTED:October 12, 2019
Slovenia Has the Most BCH-Accepting Physical Locations Worldwide

Bitcoin Cash (BCH) merchant adoption continues to grow, but in certain regions worldwide like Australia, Japan, and New Hampshire, BCH acceptance is swelling. As each area pursues BCH adoption in a variety of unique ways, the Republic of Slovenia has seen massive retail approval as the payment processor Eligma has relentlessly spread crypto awareness throughout the country. On Thursday, Eligma announced the company’s Gocrypto service now serves 500 mostly physical merchant locations.

Also read: Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan

While Digital Currency Acceptance in Slovenia Swells, Ljubljana Startup Eligma Reaches 500 Crypto Supporting Retailers Worldwide

The southern Central European country Slovenia currently has the most bitcoin cash acceptance worldwide. There are roughly 2 million residents living in Slovenia and digital currency acceptance in the country is thriving. Last year, cryptocurrency fans were introduced to “Bitcoin City,” a 475,000 square-meter shopping and financial center located in Ljubljana. The shopping complex implemented a significant amount of crypto adoption thanks to the payment service Eligma which facilitates seamless and secure crypto payments via its products Elly and Gocrypto.

Slovenia Has the Most BCH-Accepting Physical Locations WorldwideThere are 432 BCH supporting retailers in Slovenia according to Marco Coino.

Soon after, Eligma continued bolstering digital currency adoption throughout Slovenia and started getting lots of merchants onboarded in Croatia as well. In September, Eligma raised €4 million in funding from investors like the Pangea Blockchain Fund and Bitcoin.com. A few weeks later, Eligma launched its payment infrastructure Gocrypto and on October 10 the startup revealed it now has 500 locations using the Gocrypto framework. The majority of the 500 Gocrypto merchants are located in Slovenia.

“After officially entering the market last September, our Gocrypto infrastructure has reached a fantastic milestone: 500 mostly physical Gocrypto locations in several countries,” Eligma explained on Thursday. “In this, Slovenia, our home base, has become the country with the highest number of physical locations accepting crypto in the world.”

Man @BTC_City in #ljubljana is amazing. They accept #Bitcoin in so many stores, restaurants, beauty and cosmetics , entertainment etc that they can truly call themself BTC City. Subscribe to our youtube to soon see the video!