Slovenia

Digital currency information about Slovenia

2.45

%

of Slovenians
own digital currency

How many digital currencies owners in Slovenia?

It is estimated that over 50 thousand people, 2.45% of Slovenia’s total population, currently own digital currency.

What is the nature of Digital currencies like in Slovenia?

The awareness of blockchain technology among the citizens of Slovenia is relatively high. Most of the Slovenes have heard about bitcoin and several other digital currencies. They utilize blockchain-based products available to them on numerous locations for several different purposes (e.g. spending, storage, exchange and trading of bitcoin, litecoin, ether and many other popular digital currencies). But Slovenes are also aware of other use cases of blockchain technology, and they will soon have an opportunity to use it. Therefore, Slovenia should be on the radar of investors and business developers interested in these emerging technologies and their corresponding commercial opportunities.

In recent times, Slovenia has projected itself as a hotspot for blockchain and digital currency-related activities. Today, Slovenia, which has an estimated population of 2 million, contains more physical locations accepting digital currency payments than the entire United States. According to credible sources, more than 1,000 locations in the country now allow digital currency payments, including cafes, restaurants, dentists, hair salons, and hotels. At the beginning of 2019, Slovenia was also the only country in the world where you could survive solely of digital currencies.

Digital currencies's rising popularity in Slovenia

  • Sloveniatimes: Digital currency Tax in SloveniaApril 2021
    Currently, Slovenia treats digital currencies as virtual currencies, meaning that, according to the Slovenian Act on Payment Services and Systems, they are neither financial instruments nor monetary assets. In order to meet the latest requirements for fiscal transparency, Slovenia has updated its Anti-Money Laundering Act with explicit reference to digital currencies. The law defines all digital currency exchanges and dealers engaged in the digital currency trade as financial institutions for money laundering purposes. Those entities are therefore required to comply with the transparency rules and compliance procedures applicable to financial institutions.

  • Bitcoin.com: Digital currencies Adoption Soars in SloveniaAugust 2018
    The number of locations accepting digital currencies through the Godigital currencies payment system has surpassed 1,000, Godigital currencies announced last week. These locations include cafés, restaurants, taxis, mechanics, dentists, hair salons, hotels, and sports facilities. Among them are major retailers, such as the Tuš supermarkets, Slovenia’s biggest electronic seller Big Bang, Atlantis Water Park, and Burger King Slovenia. Noting that “you can just use your digital currencies wallet when getting around your daily life,” Godigital currencies remarked.

  • Coindesk: A ‘Digital currencies Shopping Mall’ Is Being Tested in SloveniaJune 2018
    BTC City Ljubljana, located in Slovenia’s capital of Ljubljana, will allow a group of 150 people to use digital currencies at 24 businesses located in the sprawling complex, which according to online materials boasts over 500 storefronts. Those include services for clothing and electronics as well as restaurants, Slovenian TV channel “24 Ur” reported on Monday. Despite the seemingly relevant name, there’s no relationship between bitcoin and the popular shopping complex, which has been called one of Europe’s largest. It first opened in the 1950s before being renamed as the Blagovno Transportni Center – or BTC – Ljubljana.

 

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