Skip to main content

Anarchist Bar in Brussels Now Accepts Cryptocurrency

Anarchist Bar in Brussels Now Accepts Cryptocurrency

A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently renovated the place. It is among the first such establishments in the Belgian capital to take coins for pints, they say.

Dolle Mol Bar on Rue des Éperonniers Will Take Your Crypto

The Dolle Mol café and bar in downtown Brussels, the heart of Europe, has started accepting cryptocurrencies for the beverages it offers. The famous anarchist bar on Rue des Éperonniers street has become one of the first establishments of this kind in the Belgian city to support crypto as a payment option, its owners claim.

The bar has been renovated in the past two years by a group of young Brussels residents. “The cafe has to move with the times,” said Grégoire, one of the owners, quoted by the Belgian English-language news portal the Bulletin. Commenting on the decision to allow digital coin payments, he elaborated:

Cryptocurrencies like bitcoin are the money of the future. We want to give everyone the opportunity to buy a pint with this new payment method.

The owner admits they haven’t had any customers who wanted to pay with cryptocurrencies yet but the service has only recently been introduced. It’s going to take some time before crypto users learn about it.

“We’re only just accepting it and people don’t really know that yet,” Grégoire told the Bulletin. “There is a sticker on the door that makes that clear but that’s about it. It’s a bit like the internet in the 1990s,” the entrepreneur added.

Anarchist Bar in Brussels Now Accepts Cryptocurrency
Dolle Mol café. Source: The Bulletin.

Cryptocurrency regulations in Belgium and Brussels are still rather fuzzy, the publication notes in its report. “I have the impression that there is not really a clear, watertight regulation,” Grégoire noted. That’s why the bar keeps it simple and safe.

“If you want to pay for a pint with, say, bitcoin, you can easily do so with a QR code. The money will then be placed in our personal bank account, and we will put that amount in the cash register,” the Belgian explained.

Crypto payments are yet to be regulated in the EU. Last year, the European Commission adopted a digital finance package that will determine the future of Europe’s fintech sector.

Part of it is a new legislative proposal called Markets in Crypto-Assets (MiCA) which aims to introduce rules for digital currencies and crypto service providers. The Union is also discussing amendments to its anti-money laundering directive that may ban anonymous crypto wallets.

Have you ever used cryptocurrency to pay for a pint and where? Tell us in the comments section below.



from Bitcoin News https://ift.tt/3BmJFeN

Comments

Popular posts from this blog

Seven UK Companies Form Cryptocurrency Trade Body

Seven major crypto companies operating in the UK have announced the formation an independent cryptocurrency trade body. The group, Crypto UK, has stated that its principal aim is to “improve industry standards and engage policymakers.” Also Read:   Independent Ratings Agency Alerts Investors About Dangers of Tether Leading Cryptocurrency Companies form Crypto UK Trade Body Seven leading cryptocurrency companies operating the UK have formed an independent trade body tasked with developing self-regulatory standards for the cryptocurrency industry, in addition to “engag[ing] policymakers.” The members of Crypto UK are Coinbase, Etoro, Cex.io, Blockex, Commerceblock, Coinshares, and Cryptocompare – comprising trading platforms, exchanges, asset managers, merchants, comparison websites, and intermediaries from the cryptocurrency sector. “Regulation is Imminent” The Crypto UK chairman and managing director of Etoro, Iqbal Gandham, described the trade body’s mission as “promot[in...

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...