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Home » Bitcoin , Circle , Debit Card , Euro , Europe , Ireland , Payment Rail , Spain » Forex & Bitcoin P2P Payments App Circle Expands Services to Spain and Ireland Boston-based mobile payments firm Circle has opened up funding via European debit cards for current clients in the UK & Europe.Prior to today’s announcement, users were only able to load their Circle accounts with cards issued in the United States and UK.The new options also allow some EU citizens to hold & transfer euros among their friends and family members, and even cross-border at the push of a button on their mobile.Circle unveiled the new funding options in tandem with the launch of their app in Spain and Ireland today, which gives citizens of those countries the ability to send cash in a P2P fashion with minimal cost.Circle Co-Founders Jeremy allaire and Sean Neville explain in their blog post: “For example, our UK and US customers who hold £ and $ can now send and receive Euros with customers in Spain or Ireland at the speed and convenience of the internet in the same way they are used to sharing messages, photos, or any other content.” Circle’s app is able to instantly transfer fiat currency between clients by using Bitcoin’s blockchain system as a payment rail.
Because of the cost-effective nature of Bitcoin transactions, Circle is able to offer clients a much cheaper remittance service than legacy transfer methods like bank wires & PayPal payments: “At Circle, we aim to deliver the best rate possible in the world, with Circle’s exchange rate typically being around 0.2% to 0.3% above the market rate.” Since launching in October of 2013, the innovative startup has raised north of $135 million in four investment rounds from the likes of Goldman Sachs and Baidu.Circle was also the first recipient of UK’s E-Money License in April of this year.According to the updated debit card support list, users in Estonia Finland, Germany, Ireland, Italy, Netherlands, Slovakia, Slovenia, Spain and United Kingdom are able to hold euros in their Circle app.Coverage for additional EU states is forthcoming.Categories: Bitcoin , Circle , Debit Card , Euro , Europe , Ireland , Payment Rail , Spain
Forget what you know about Silicon Valley and the Canton of Zug.There’s a new blockchain and digital currency hub growing in the Emerald Isle of Ireland.In fact, Dublin is steadily becoming a place that has firm support, education and industry infrastructure within the cryptocurrency and digital ledger phenomena.Ireland is continuously on the horizon of technological innovation and is becoming within the rapidly growing Fintech global arena.Major technology players such as Google, Facebook, Paypal and many others have operations in the region and confidence is high between legacy financial institutions and the technology sector.The rise of (R&D) of blockchain technology is also thriving within the country’s borders.Just recently the financial management and consultancy firm Deloitte it will create blockchain R&D department in Dublin.The group plans to construct a team of 50 developers in the next year and a half focused on the distributed ledger technology sector.However, it may take time as Deloitte Ireland’s head of financial services David Dalton told press skills in the blockchain field are still “quite rare.” Dalton also details that Deloitte is already working on 20 different blockchain prototypes that cover a broad range of applications.
Some of the technology being created use smart contract technology as well.Deloitte wants developers who understand the young technology in order to stimulate ideas, and standard practices.The consultancy will work within the proof-of-concept stages, but Dalton believes soon all major players will be involved with this technology.Dalton said in the announcement: Another company that works with Bitcoin directly is , who also have international headquarters .make a litecoin mining poolCircle is similar to Coinbase and has been becoming well known as a leader in the cryptocurrency space.come acquistare bitcoinThe Dublin-based company has so far raised $76 million USD in funding rounds and also has offices located in the heart of Boston which also has a great deal of Irish population.top 10 litecoin mining pools
The company is heavily backed by the legacy institution Goldman Sachs and alongside its Dublin offices, it also plans to work in London so it can expand throughout the entire UK.CEO Jeremy Allaire and co-founder Sean Neville in London scouting for a country manager and is in discussions with UK regulators.Circle has been operating since 2013 and is one of the largest funded cryptocurrency firms working within the Irish landscape.bitcoin raw transaction feeBlockchain education and academic research is also blossoming in Ireland.42 coin bitcointalkAt the beginning of the year, an event called the Economics forum Cantillon 2016 was held by the (CEED) focusing on fintech and blockchain solutions.bitcoin farming hardwareThe event at the had a broad range of Bitcoin evangelists including Dan Roseman, who spoke to the audience about the growing cryptocurrency employment opportunities within the industry.buying bitcoins calgary
Alongside discussions about financial tech, Ms.Jan Skoyles of the gave the Irish crowd an introduction to cryptocurrency and crowdfunding.On the 21st April, at the University, College Dublin Centre for Innovation and Technology (UCD) held a conference called .The event was organized by the group CodingGrace and had speakers such as UCD’s Gianluca Miscione, and Paul Ennis, Deloitte’s Lory Kehoe and Cillian Leonowicz, and Stephen Wingreen all discussing the importance of blockchain technology.litecoin open caseTopics included legal and regulatory policy, technical issues, ethical implications, governance, accounting, fintech, cybercrime, and decentralized applications.bitcoin-qt doesn't workBitcoin use is also quite popular in the region as the organization Bitcoin Dublin has regular meetup groups.According to Dublin has two working Bitcoin automated tellers as well in the city.