New Cryptocurrency Bitcoin Cash Embassy to Be Opened in Cyprus
Bitcoin Cash has officially launched with some of the major bitcoin exchange hubs; Gdax and Coinbase. The acceptance of BCH is going better than expected with the cryptocurrency on the right path to gain momentum like bitcoin has. Since bitcoin cash is taking off an Embassy is going to be opened in Limassol, Cyprus.
The community center is scheduled to be opened in the early part of 2018. The main objective for the center is to bring enthusiasts and other interested parties for the cryptocurrency together to discuss ideas, hold seminars and listen to each other’s views on the industry. The same company that opened the very first bitcoin ATM, the Hello Group, is the one that is opening the embassy.
More operators in the online gambling industry are adopting the new bitcoin cash. They are saying that BCH transactions are faster than bitcoin and are more cost-effective.
“The vision of the original Bitcoin white paper written by Satoshi Nakamoto calls for a peer-to-peer electronic cash system. That is a powerful vision, and SBI Group will devote resources to enable a future world where Bitcoin Cash is used globally for daily payments,” said the CEO of one of the biggest financial firms in Japan regarding the new bitcoin cash.