Tag Archives: Bitcoin Adoption

The Belgian digital parking start-up – Seety – allowed customers of the application to pay for parking sessions in Antwerp and Brussels with Bitcoin (BTC). Apart from the primary cryptocurrency, the option includes six other digital assets such as Ethereum (ETH) and Dogecoin (DOGE). Separately, the e-commerce giant ShopCom has allowed its customers to make purchases with various cryptocurrencies as well. Park Your Car – Pay in Crypto According to a report by the local media...

The leading British financial institution – Standard Chartered – reportedly became the first bank to join the Global Digital Finance (GDF) Patron Board. StanChart, together with the rest of the members, will work together to accelerate the adoption of best practices across the digital assets landscape. StanChart’s Latest Crypto Endeavor The multinational banking and financial services company – Standard Chartered – has joined the Global Digital Finance. With that move, it...

The political situation in El Salvador is only getting worse as the day approaches when the country will start adopting Bitcoin as legal tender. On September 7 of this year, the waiting period for the Bitcoin Law to become mandatory is over. According to the text of this Law, all economic agents must accept Bitcoin along with the dollar as a means of payment. Bukele promises that the measure seeks to benefit the people and save the country close to $400 million in remittance...

The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin or ether. The Venezuelan carrier Turpial Airlines and the famous Belgian bar Dolle Mol also joined the crypto craze by adding virtual assets as a means of payment. Crypto Adoption in The Heart of The Alps According to the local media Blick, The Chedi Andermatt started accepting payments in...

El Salvador will, in ten days, adopt Bitcoin as an official currency. It’s making massive investments in projects to develop end-user products to hold and spend bitcoin. The opportunities of this venture are enormous, though some warn there are risks. El Salvadorians Will Soon Find Imports Attractive Because Bitcoin is a deflationary cryptocurrency, and the oldest blockchain with the most of its limited currency already mined, and especially given the history of the BTC price...

The US mortgage lender – United Wholesale Mortgage – intends to accept cryptocurrencies as a payment method by the end of 2021. While the company would first adopt Bitcoin, it would explore other digital assets such as Ethereum shortly after. Additionally, the South African property investment firm – Quorum Holdings – and the Canadian jewelry exchange – SafeGold – also vowed to enable clients to use the primary cryptocurrency as a means of payment. The First American Mortgage...

Well, whoever thought that the bearish sentiment was going to kill Bitcoin was wrong, very wrong. What’s more, one statistic suggests that Bitcoin could be more valuable today than ever before for the ecosystem – including its ATH days. Bitcoin’s total “realized” market cap today surpassed the numbers registered in April 2021 when its price had topped out. Bitcoin Realized Cap. Image: GlassnodeThe statistic was shared a few hours ago by the blockchain data provider Glassnode...

The British YouTuber and rapper – KSI – revealed that he is a strong supporter of Bitcoin. According to him, the primary cryptocurrency represents the future, and hodlers would profit in the next years. ‘I’m Really into Crypto’ Olajide Olayinka Williams “JJ” Olatunji, better known as KSI – meaning Knowledge, Strength, and Integrity – opined strongly in favor of Bitcoin recently. Speaking to the British magazine GQ, he argued that the digital asset would play a major role in...

Customers of the German fashion company Philipp Plein International AG will get the chance to buy products in digital assets instead of fiat money. The supported virtual currencies will be 15 and will include the leading ones – Bitcoin and Ethereum. ‘Cryptocurrencies Are The Future’ In a recent Instagram post, the fashion group Philipp Plein announced that it would start accepting payments in cryptocurrencies. The company’s clients can now pay for clothes, shoes, and other...

Bakkt Holdings recently announced a partnership with Quiznos to launch the pilot for their new Bitcoin payment system. This will allow Bakkt users to purchase food at some Quiznos locations in Denver using the digital asset. Quiznos: Buy a Sandwich With Bitcoin Bakkt users will be able to utilize the pilot in certain Quiznos stores across Denver starting this month. This includes the high-traffic Denver airport location. Chief Revenue Officer at Bakkt, Sheela Zemlin, expanded...