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Switzerland: Bitcoin at a ticket vending machine

the Swiss Federal Railways (SBB) the sale of Bitcoin on its Ticket-vending machines. The transport company worked well 2.300 machines. By Phillip Horch 15.

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Switzerland: Bitcoin at a ticket vending machine
the Swiss Federal Railways (SBB) the sale of Bitcoin on its Ticket-vending machines. The transport company worked well 2.300 machines.

By Phillip Horch
15. November 2018 share Facebook Twitter LinkedIn xing mail

Switzerland is known to be a bit faster and more effective in financial matters than Germany. While the current position paper of the German Federal government wants to strive for an "early" international regulation of crypto currencies to buy Bitcoin in the neighbouring country for some time on the machine.

the Swiss Federal railway now sells Bitcoin

This offer of the Swiss Federal Railways (SBB) to expand now. As you can see from the information provided by the Nau Media, there are at Swiss railway stations, now a total of 2,300 Ticket machines, where one can acquire the crypto-currency. Interested parties can purchase the BTC to a value of a maximum of 500 Swiss francs (CHF) per Person per day.

interest is definitely there

reports in the local media also will be used the offer already. In total, there were approximately 6,000 persons, half of whom used the service on a regular basis. Especially in the last Winter there had been a massive inflow. The Integration of other crypto-currencies is not planned, however.

in this Country we can wait for such developments. Although the Bitcoin SE Group has acquired licences to a corresponding offer to offer. But until it gets that far, are still more permits, especially in terms of Know-Your-Customer rules (KYC), to acquire. The legality of Bitcoin ATMs is not clarified so far in Germany entirely.

Blockchain and Bitcoin in Switzerland

The Swiss Federal Council has already taken care of in January of this year, the adaptation of the Blockchain technology. To this end, he established a private Blockchain task force. Thus, the government sought effective regulation of crypto-currencies and Initial Coin Offerings. Headed by Finance Minister Ueli Maurer, as well as economic and education Minister Johann Schneider-Ammann, the working group consists of representatives from the Confederation, the cantons as well as in the Switzerland-based Blockchain Start-ups.

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