×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
24
May 2026
weather symbol
Athens 22°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

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

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

Fines for late tax filings are being abolished – Who will receive retroactive refunds covering two years

Mytilineos: Metlen enters its new growth phase from a position of strength, EBITDA target €2 billion

In Nicosia, Kyriakos Pierrakakis for Eurogroup, ECOFIN: housing and the impact of the Middle East crisis on the agenda

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

Olympiacos European Champion for the 4th time, 92-85 over Real Madrid

May 24, 2026

EuroLeague Final Four: Olympiacos ready tonight for “checkmate” against “Queen” Real Madrid & the conquest of the throne of European basketball

May 24, 2026

Elections in Cyprus: 569,182 voters elect 56 MPs today for the next five-year term

May 24, 2026

On the brink of a peace agreement to end the US–Iran war: Key issues on nuclear program and uranium remain open

May 24, 2026

Mitsotakis: Extension of “My Home II” until the end of August, what he said about spatial planning, KYSEA & Olympiacos

May 24, 2026

Gunman killed near White House, Trump says he had violent history and obsession with presidency

May 24, 2026

Yannis Smaragdis against Christopher Nolan over “The Odyssey”: “If he’s doing it for the Oscars, it’s disgraceful”

May 24, 2026

Iron Maiden shook OAKA in front of tens of thousands of fans (videos-photos)

May 24, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα