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Digital wallet Abra users may now purchase Bitcoin with their American Express cards.
The California-based annual Coachella music and arts festival began the shift towards cashless payments in 2014. This year the transition continued with all vendors accepting Android Pay, Apple Pay and Samsung Pay.
Visa has a dedicated team in London looking at specific use cases involving blockchain technology but argues that bitcoin won't reach mainstream acceptance "unless there is trust in the system"
American Express CEO says he recognizes the value of Bitcoin’s technology, among statements which demonstrate an industry still nervous about digital currencies.
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