Buy Marijuana in France with Bitcoin

Service first launched in January

After discontinuing the service in less than two months after launch in January, Keplerk says that its clients will be able to buy marijuana with Bitcoin for medicinal purposes. Customers can only purchase in segments of 50, 100 or 250 euros, France’s top news corporation BFM TV reported on Oct. 10.

In the report, Bitcoin payments in all 5,200 locations will be available through Keplerk’s associate Bimedia, which will provide payment terminals.

Bitcoin adoption surges in France

Meanwhile, France is apparently seeing a swell in cryptocurrency adoption. In late September, Cointelegraph reported that over 25,000 points-of-sale of 30 French retailers including sportswear giant Decathlon and cosmetics store Sephora will start accepting BTC payments by early 2020. And earlier in September, the French unit of Domino’s Pizza launched an ordering competition with a prize of $110,000 in Bitcoin or cash.

On Sept. 12, French Economy Minister Bruno Le Maire claimed that French authorities do not plan to tax crypto-to-crypto trades, but rather will consider taxation when crypto is sold for fiat money.

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