Cash Island
Limassol, Cyprus’ second city, is getting its first bitcoin cash embassy to open in early 2018. The venue will serve as an open community center where people can talk about the cryptocurrency, participate in free discussions and attend regular meet-ups with industry experts. It will be hosted by Hello Group, the fintech company which launched the city’s first bitcoin ATM a month ago.
Cyprus is an ideal location for cryptocurrency to take hold. The island servers as a regional offshore financial center for many companies from Europe, Russia and the Middle East that need cost effective solutions to transfer money across borders. Individuals are also more prone than others to see the benefits of a currency only they hold the keys to, especially with the memory of the 2013 EU ‘bail-in’ crisis still fresh. As evidence for this, the country’s University of Nicosia was the first academic institution in the world to offer a MSc in Digital Currency.
Full article - https://news.bitcoin.com/bitcoin-cash-embassy-open-limassol-cyprus/