News
Bakkt believes its new crypto payments app will unlock more than $1 trillion worth of digital assets for commerce.
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Bitcoin Payment News
Bitcoin, as any other type of established currency is, among other things, meant to be a method payment. As of yet, Bitcoin payments have not become widely used, though they are surely moving towards it. The Bitcoin payment process establishes a pretty high entry barrier
for users and pushes some potential users away. The small amount of accepters makes using Bitcoin as a means of payment an unnecessary option for most businesses. Still,
it might not be not wise to turn down a method of payment that is useful for some clients, since accepting payments though Bitcoin isn’t really that hard of a task. There are multiple guides on how to accept Bitcoin payments and secondary services have been made to ease in this task. Bitcoin payments were, for some time, slow and expensive, but the development of Bitcoin makes it easier and faster to use Bitcoin as an alternative to cash for regular, small purchases.
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An Edinburgh music school will begin to accept tuition payments in the form of cryptocurrency.
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Bitcoin penetration in the hospitality industry is set for another expansion as a U.S. luxury hotel chain adopts cryptocurrency as a payment option.
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The crypto-miner CEO makes Bitcoin history by being the first exec of a publicly-traded company to take their full salary in Bitcoin.
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Practical use cases for cryptocurrency payments are popping up all the time. Now, crypto holders in North America will be able to purchase their next vehicle with BTC.
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"I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely," said the Redditor.
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"It's going to be a dollar economy as far as the eye can see," said James Bullard.
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Kiklabb has become the first state-owned entity in the United Arab Emirates to accept cryptocurrency payments.
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CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to "Venmo and select international markets" in 2021.
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"We’ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin," said Ned Segal.
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One Tifon executive thinks foreign tourists will likely contribute to the development and growth of crypto payments in the country.
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The feature was originally suspended on Jan. 29.
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After their limited crypto trading service "exceeded expectations," the company will double down on crypto, blockchain, and digital currencies in 2021
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The payments giant is bullish on stablecoins, but may be overlooking the potential of DeFi
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But to be fair, they're a long way behind remote-controlled junk cages.
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