Bitcoin Processors (BTC) and Bitcoin Cash (BCH) BitPay confirmed that they stopped their operations in Germany via email sent to Cointelegraph on August 1.

In the email mentioned above, a BitPay PR representative. Jan Jahosky, citing regulations which come into force next year in Germany, is the reason why the company decided to suspend services in the home country of Bayer Munich.

Meanwhile, the local information technology news outlet, Computer Base, announced earlier that it will not be able to offer Bitcoin as a payment method as a consequence of the BitPay suspension service in the country.

However, the outlet also acknowledged that most customers pay using PayPal, with some also using wire transfer, while Bitcoin does not appear to be a popular payment option. However, alternative open-source self-hosted payment processors do exist like BTCPay Server, which reduces dependency on third-party service providers