French Tobacco Shops to Sell Bitcoin From 2019

French cryptocurrency adoption and usage are set to receive a minor boost from next year, as the French Prudential Supervision and Resolution Authority (ACPR), a regulatory offshoot of the Banque de France has granted permission for tobacco shops in the country to sell bitcoin from January 1, 2019.

According to a news report from Europe 1, the shops in question, which typically offer lottery tickets and cigarettes will now begin to offer bitcoin for sale via a partnership with the French Fintech startup Keplerk.

The partnership with Keplerk also includes a local cash register software provider,which will provide the infrastructure for selling bitcoin to cigarette shop customers. The shops will sell a voucher to customers, which can be redeemed for bitcoin via Keplerk’s crypto wallet. According to Keplerk, this marks the first time anywhere in the world that brick and mortar shops will sell bitcoin to the general public.

Reference: https://www.ccn.com/french-tobacco-shops-to-sell-bitcoin-from-2019/

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