Cryptocurrency News

Slovenia is opening world’s first Crypto Shopping Mall

Eastern Europe is already at the forefront of the crypto and Blockchain innovation. They were among the first to back the Blockchain projects. Ukrainians wants to create Satoshi Statue, Czechs want the crypto ATMs at their metro stops and Lithuania is beating everyone else when it comes to granting favorable policies to crypto startups.

Slovenians are already bandwagoning with their neighbors. They have already introduced one of the most favorable crypto regulatory framework for the investors. Now they are moving a step further to boost the applicability of crypto.

The reports have surfaced which suggest that Slovenians are planning to open a shopping mall based on crypto payments. The name of the complex is BTC City Ljubljana. It is situated in the Slovenian capital.

The initiative is planning to allow 150 people to use cryptocurrencies at almost twenty four business venues. All these are situated is nearby locations. They have according to some reports 500 store fronts.  They offer services from clothing, electronics to fancy foods.

The name suggest a relationship with BTC coins but the front is operating from 1950s and was recently rechristened as Blagovno Transportini Center i.e. BTC Ljubljana.  There were similar projects trying to made headway in Slovenia from quite some time.

One of the more illustrious one was developed by startup called Eligma.Eligma offered a payment system called Elipay. Elipay also facilitated transactions in cryptocurrency through a mobile app.

This effort is something quite unique. It is planning to fuse the cryptocurrency application with day to day marketing by common populace. With the power of almost 500 storefronts behind it, it is poised to become one of the world’s first retail crypto hub.

The Slovenians are very enthusiastic about the establishment of this Bitcoin city. The proposal was suggested by Prime Minister Miro Cerar. The secretary of the state already has visited the shopping center. PM also bought a coffee there and paid in cryptocurrencies. The political establishment of Slovenia is backing this initiative in full force.

Recent Posts

Tomarket App – A Guide to $TOMATO Airdrop, Farming and Web 3.0 Drop Event

Tomarket, Telegram's mini-app hits 20+ million all-time users and 8.8+ million daily active users. Tomarket…

3 months ago

Binance Lists Decentralized and Open L1 Blockchain Toncoin (TON) on its Platform

Cryptocurrency exchange Binance, today announces the listing of Toncoin on its platform. Toncoin is a…

4 months ago

iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City

The iGaming platform BC.GAME has signed a landmark $40 million deal to become the "Official…

5 months ago

Coinbase faces new lawsuit that claims SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ and XLM are securities

Coinbase crypto exchange and its CEO, Brian Armstrong, faces a new lawsuit that claims Solana,…

7 months ago

Service Beyond Gaming: The Support Experience at HugeWin

In the world of online gambling, the quality of customer service can make or break…

7 months ago

Bitcoin (BTC) Cycle: Aiming for $155,000 Peak by August 2025

Since its launch in 2009 Bitcoin has experienced several cycles characterized by bull and bear…

8 months ago

This website uses cookies.