Indonesian Project Makes Bitcoin Available at 10,000 Stores
Residents of Indonesia can now buy and receive bitcoin over the counter at over 10,000 ‘Indomaret’ convenience stores around the country.
The project was developed on the initiative of Bitcoin Indonesia and will run through its exchange Bitcoin.co.id in partnership with payment processor iPaymu.
According to Bitcoin Indonesia founder Oscar Darmawan, this now puts bitcoin within easier reach of the country’s large unbanked population, estimated at over 200 million.
This post was published at Coin Desk on September 3, 2014.