FinCCX starts accepting euros

FinCCX, a Finland-based bitcoin exchange, which facilitates users to exchange regular money for bitcoins, has started accepting euros and is no longer accepting U.S. dollars. However, it hopes to start accepting US dollar again in the near future.

Elena Umanets, FinCCX's marketing manager, told CCN that accepting euro makes it one of the few exchanges that offer the option of exchanging bitcoins for euros.

Although the exchange has stopped accepting U.S. dollars, users can still trade bitcoins for the dollar and convert it into euros while withdrawing the funds.

The company wanted to offer the BTC/EUR trading option but was encouraged to speed up this feature after its bank, Bank Raiffeisen, stopped processing payments in the dollar last month, she said. 

"Introducing BTC/EUR trading option was on our to-do list from the beginning and quite highly prioritized," Umanets told CCN. "We were already working on that project, but the news from the bank forced us to work much harder and to introduce EUR trading much sooner. Therefore, we are now able to process all transfers only in EUR currency. At the moment, we are actively searching for an additional banking partner and we hope to resume accepting U.S. dollar payments very soon."