Croatian retail giant sees rise in crypto payments despite the bear market

United States News News

Croatian retail giant sees rise in crypto payments despite the bear market
United States Latest News,United States Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Crypto winter in Croatia is not as cold as in other parts of the world. The country's largest supermarket chain, Konzum, experienced a massive rise in Bitcoin payments sine they started accepting crypto payments last December.

The supermarket chain has since expanded the crypto payment option to several self-checkout cash registers in physical pilot stores. Konzum is also still working with the local crypto payment firm Electrocoin to bring crypto payments to all 700 physical stores across Croatia.

A spokesperson for the firm pointed out that rising crypto payments on Konzum come in line with the growing adoption of crypto in Croatia, stating:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GameFi and Metaverse least affected by Terra debacle: ReportGameFi and Metaverse least affected by Terra debacle: ReportDappRadar suggested that users continued to interact with gaming dApps “at a more or less the same rate as before the Terra incident,” with activity from unique active wallets dropping just 7% in Q2.
Read more »

Record $474 Million Flowed into Crypto Market in July: Will It Change Sentiment?Record $474 Million Flowed into Crypto Market in July: Will It Change Sentiment?Crypto market saw highest monthly fund inflow of the year with $474 million coming in July btc bitcoin rth crypto shib doge xrp cardano sol
Read more »

First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on DeribitFirst Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on DeribitFIRST MOVER: After hitting its highest levels since mid-June this weekend, BTC is down 2%. The open interest of Deribit ether options exceeded the open interest of BTC options for the first time. LedesmaLyllah reports
Read more »

Crypto Bear Market Financial Terms You Should KnowCrypto Bear Market Financial Terms You Should KnowIf you're new to the world of cryptocurrency, there's a lot of jargon to wrap your head around, especially for bear markets. We've compiled a list of important terms you should know, like dead cat bounce and volatility.
Read more »

Sony sees profit rise despite waning interest in video gamesSony sees profit rise despite waning interest in video gamesSony has reported its profit edged up 3% in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video games as pandemic restrictions eased elsewhere.
Read more »

Crypto prices continue to tick upward as recession fears grow: the week in marketsCrypto prices continue to tick upward as recession fears grow: the week in marketsCryptocurrencies continued to rally over the past week as the macroeconomic background worsened.
Read more »



Render Time: 2025-02-23 10:38:50