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Tag Archives: bitpay

Another Important Partnership Concerning Ripple (XRP) and SHIB

TL;DR BitPay partners with Banxa, expanding global payment methods for purchasing digital assets. Users can utilize regional banking options, including iDEAL in the Netherlands and SEPA in Europe. Ripple (XRP) and Shiba Inu (SHIB) see significant price surges recently. The cryptocurrency payment application – BitPay – announced on X (Twitter) that it had joined forces with the settlement provider Banxa. The initiative enables BitPay clients across the globe to purchase...

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Roblox Does Not Accept Crypto Payment, Denies Adopting XRP after Viral BitPay Tweet Spreads Misinformation

The situation first arose when BitPay posted a tweet stating that Ripple (XRP) could now be used to buy items in games that use BitPay, including Roblox and Smite. Popular gaming platform Roblox found itself at the center of some confusion on Tuesday after a now-deleted tweet from cryptocurrency payment processor BitPay claimed that Ripple’s XRP could be used to make in-game purchases. The unsubstantiated claims rapidly spread across social media, leading many users to speculate that...

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Gemini Bows Out of Netherlands Due to Regulatory Challenges

The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB).  The move follows the footsteps of Binance, another digital asset trading platform that withdrew from the market earlier this year due to...

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23 Dienste, die dabei helfen, Bitcoin und Reisen zu kombinieren

Die Welt der Kryptowährungen hat in den letzten Jahren enorme Fortschritte gemacht, und Bitcoin hat sich als die bekannteste und am weitesten verbreitete Kryptowährung etabliert. Während Bitcoin zunächst als alternatives Zahlungsmittel betrachtet wurde, hat es nun auch Einzug in die Reisebranche gehalten. Immer mehr Dienste und Unternehmen ermöglichen es Reisenden, ihre Bitcoin-Bestände für Unterkünfte, Flüge, Aktivitäten und vieles mehr zu nutzen....

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BitPay Integrates Brave Wallet Amid ‘Strong Interest’ From Major Retailers, Brands

Bitcoin payment service provider – Bitpay – announced the integration of Brave Wallet into its payment protocol allowing crypto wallet users to make payments straight from the privacy browser. According to the official press release shared with CryptoPotato, users of Brave Wallet will be able to shop with crypto at thousands of top merchants online and in-store, such as Newegg, APMEX, PacSun, AMC Theatres, and airBaltic. Commenting on the development, BitPay CEO Stephen Pai...

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Luxury Goods Account for 20% of Items Sold in 2022 by Crypto-Enabled Merchants

2022 was the year of hype around Web3, but 2023 is shaping up to be the year when the plans are being implemented. Luxury brands are now focusing on more concrete utilization closely connected with the physical product in contrast to digital-only assets existing solely for the metaverse. Everything then boils down to the usage of crypto and digital assets for transactional purposes. Luxury in Web3 Web3 has gradually established a warm relationship with luxury goods, and...

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Mexican Soccer Giant Tigres to Embrace Bitcoin as Payment Method

One of the most successful soccer clubs in Mexico – Tigres – partnered with Bitso to enable fans to purchase tickets in bitcoin. The latest cryptocurrency adoption does not end there, as the leading delivery platform in South America – Rappi – and the renowned provider of jewelry and precious metals – SFL Maven – revealed the same intentions. Bitcoin Gets one Step Closer to Mexican Soccer Seven-time champion of Mexico’s premium soccer league – Tigres – disclosed it...

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BitPay Launches Bitcoin Lightning Network Payment Support

BitPay – a popular cryptocurrency payments provider – has now integrated Bitcoin’s lightning network into its platform. This will allow Bitcoin payments to settle much faster, and cost far less, than ordinary transactions. Lightning Network Effective Immediately The lightning network is a Bitcoin ‘layer 2’ scaling solution that allows individual Bitcoin holders to form private payment channels between each other. These payment channels enable users to transact multiple times...

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Noyack Logistics Income (NLI) Became the First REIT to Accept Crypto Payments

The US real estate investment trust – Noyack Logistics Income (NLI) – partnered with BitPay to embrace cryptocurrencies as a payment method. Moreover, the company became the first in its field to accept settlements of this type. NLI Jumps on the Bandwagon The latest organization to enable cryptocurrency settlements is the American alternative investment platform – Noyack Logistics Income. After a collaboration with BitPay, it allowed investors to fund their commitment with...

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Retail Mexican Giant Elektra and Video Game Developer Nexon Now Accept Bitcoin

One of the largest supermarket chains in Mexico – Elektra – allowed customers to pay their bills in bitcoin instead of fiat currencies. To process the cryptocurrency payments, the company partnered with BitPay. At the same time, the South Korean-Japanese video game publisher – Nexon – enabled players to purchase in-game items with digital assets. Elektra Joins The Crypto Club The behemoth became the first retail store in Mexico to accept bitcoin as a payment method. The...

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