Latvian entrepreneurs claim world’s first cryptocurrency “embassy”

A couple of Latvian entrepreneurs have opened what they call the first Cryptocash Embassy — the first at least in Latvia, as far as I know. The “embassy” on a main street in the center of the capital, Riga is actually a marketing device for their B2B cryptocurrency business, the founders admitted.

They are Konstantīns Vasiļenko and Inokentijs Isers, both from Riga, who have been trading cryptocurrencies for three years through a fintech company they started called PayBis.com. The Cryptocash Embassy is open for retail…