Austrian and German energy provider Switch has begun accepting Bitcoin for gas and electricity bill payments, this company is the first company in this field to accept bitcoin as a payment method in Europe .

In a press release and Facebook post Wednesday, Switch, which is wholly owned by EnergieAllianz Austria, said the move marked a first for Austrian an energy customers, this company is the first energy company in Europe to accept currency .

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“With the introduction of cryptocurrency Bitcoin as a payment method in Austria we’re aiming to cater principally to digitally-aware customers and other interested parties,” CEO Christoph Schmidt said in the accompanying release.

Billing literature can now also be issued in Bitcoin for those opting to use it for payments.

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Austria is fast becoming a fan of cryptocurrency at consumer level, with the wholesale goods retailer Yipbee announcing last month that orders paid in Bitcoin now accounted for 10 percent of its total sales, we notice also that the large startup provider of bitcoin »BITPANDA » is located in this contry , this startup now provide the citizen in this country with bitcoin in all post office, ,This is possible due to a partnership between bitcoin broker Bitpanda and Austria’s leading postal service provider, Austrian Poste

Before that, back in February a dedicated Bitcoin information point opened in the country’s capital Vienna, providing education on virtual currency as well as Bitcoin ATMs.

The developments put Austria considerably ahead of its neighbor Germany, which has been unusually slow to embrace crypto-based innovation at regulatory level.

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Across the border in Switzerland, however, progress is considerably more advanced, with a Bitcoin certificate currently the most traded product on its main exchange SIX.

The situation of bitcoin is very stable, Germany was the first country to legalize bitcoin in the world, after that England and Austrian .

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