Grand Central, a co-working, serviced office and hot-desk centre, is now accepting payments in bitcoin, making it the first company of its sort in Malta to do so.
The announcement was made at the end of last week’s evening event hosted at Grand Central and featuring guest speaker Ravinder Deol, an international producer of cryptocurrency training courses.
Commenting on the decision to accept bitcoin, Iain Harvey, founder of Grand Central, said: “We are always looking at what extra flexibility we can give our members and this time it’s what payment channels we offer.
“Cryptocurrencies have had a very volatile year but by partnering with bitpay we can accept bitcoin without the risk. Our flexibility is paying off as our membership numbers continue to increase.
“We have freelancers just visiting Malta for a few months and also more established contractors who are avoiding the isolation or distraction of working from home. Grand Central continues to support even more start-ups and growing businesses in Malta.”
According to CoinDesk, Bitcoin jumped almost $2,000 from its intraday low Tuesday, making up some of the losses it sustained from 2018's January correction.