×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
16
Dec 2025
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

First bitcoin ATMs expected in Greece this fall

Fans of cyber currency see way of circumventing capital controls

Newsroom August 19 07:33

After memoranda, capital controls, days of closed banks and … six months of Yanis Varoufakis, it was bound to happen: expected bitcoin ATMs in Greece come autumn!

According to the founder of BTCGreece, Thanos Marinos, a “soft launch” is scheduled for October.

“It is part of my vision to create a block chain ecosystem in Greece,” Marinos told CNBC on Wednesday. “If all goes as expected with no major issues we will launch first ATMs October 2015.”

CNBC describes Bitcoin as a decentralized digital currency that can be used around the world, where transactions are listed in a shared public ledger called the block chain.

The digital currency was touted as one way to to circumvent Greek capital controls. These have been in place since June and limit holders of bank accounts in Greek banks to withdrawing a maximum of 60 euros per day.

Of course, web-banking has thrived in the meantime, although bank transfers overseas are mostly restricted.

The ATMs envisaged by Marinos could allow users to convert fiat currency into bitcoin and potentially vice versa.

Marinos told CNBC that he has already received requests from 300 shops for bitcoin ATMs.

>Related articles

Metlen: Morgan Stanley sets a €64 price target – The three scenarios for the stock

Stavros Katsikadis: Marinas, a “key” to strong and competitive maritime tourism (pic)

Cetracore–Jetoil: Sudden suspension of operations due to Russian sanctions

Bitcoin ATMs have already been installed in other countries, predominately in the United States and western European countries like Britain, the Netherlands and Spain.

 

 

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

We will defend ourselves against Trump’s defamation lawsuit, says the BBC

December 16, 2025

Georgiades visits hospitals in Manhattan and Astoria – Watch video

December 16, 2025

Athens is sold out everywhere, from nightclubs and restaurants to theaters and cinemas

December 16, 2025

Metlen: Morgan Stanley sets a €64 price target – The three scenarios for the stock

December 16, 2025

The US is offering NATO’s Article 5 security guarantees to Ukraine on one condition: to respond immediately

December 16, 2025

Telis Mystakidis didn’t take over the football club, but dreams of an arena and NBA Europe with the basketball team

December 16, 2025

Stavros Katsikadis: Marinas, a “key” to strong and competitive maritime tourism (pic)

December 16, 2025

We want permanent peace, not ceasefire, says Kremlin on Kiev’s proposal for Christmas ceasefire

December 16, 2025
All News

> Greece

How the criminal organization in Crete operated with OPEKEPE subsidies – The role of Chiletzakis, the “best man,” and the lawyer

What is revealed by the Hellenic Police (ELAS) case file about the actions of the “Crete mafia” that submitted false applications to OPEKEPE – Fictitious farmland, non-existent livestock and third-party bank accounts, with total illegal proceeds exceeding €1.7 million

December 16, 2025

Papastavrou: “Energy is an important tool in times of peace, but it turns into a weapon in times of war”

December 16, 2025

Alexandros Angelopoulos: From bouncer in Syggrou, cocaine baron – The dark path of the “Greek Escobar”

December 16, 2025

Critical day for the farming sector: What those at the roadblocks are thinking after the Tsiaras package and what Mitsotakis will say today

December 16, 2025

Phanar: The new Metropolitan Gregory of Ankara was consecrated

December 15, 2025
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2025 Πρώτο Θέμα