Post Office in Liechtenstein Now Sells BTC

Post Office Selling BTC
Liechtensteinische Post AG announced on Feb. 15 that it has begun selling BTC at the counter of the post office in the capital city of Vaduz. “In search of new business opportunities, Liechtensteinische Post AG has decided to offer a new exchange [service] of cryptocurrencies in its post offices,” Friday’s announcement reads. The Post elaborated:After an introductory phase, the offer will be extended to other post offices and the exchange of additional cryptocurrencies … It will then be possible to change bitcoin (BTC), ethereum (ETH), litecoin (LTC), bitcoin cash (BCH) and ripple (XRP).The announcement further notes that, after making a BTC purchase, customers will receive “a physical crypto wallet” which includes both the public and private keys.

Partnership With Värdex Suisse
Liechtensteinische Post explained that Swiss Post had always been in “the conventional money exchange business,” therefore “nothing is different” by adding cryptocurrencies to the existing service. This new service is enabled through a partnership with Zug-based Värdex Suisse AG, a subsidiary spun off from Bitcoin Suisse AG at the end of 2017 in order to meet the growing demand for POS solutions, Liechtensteinische Post detailed.
Images courtesy of Shutterstock and Liechtensteinische Post.
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