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“# Amazon plans to accept Bitcoin payments this year, claims insider ” An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions. “This isn’t just going…
“# Beauty and the Bitcoin: Female-focused brands accept crypto payments driving adoption ” While Bitcoin (BTC) may be considered as a store of value for many, some consumers across the globe may be thinking otherwise. Recent data has revealed that 46 million people in the United States plan to use cryptocurrency to pay for things…
“# InComm Payments merchants can now accept crypto through Flexa ” Incomm Payments, a global payments provider with over 500,000 points of distribution, has entered into a partnership with Flexa that allows merchants to start accepting cryptocurrency payments in Bitcoin (BTC), Ether (ETH) and dozens of other digital assets. Stefan Happ, Incomm Payments’ president, said…
“# Bitcoin has failed miserably as currency, says NYU’s ‘dean of valuation’ ” Aswath Damodaran, professor of finance at New York University’s Stern School of Business, has reiterated his criticism of Bitcoin (BTC). Appearing on episode 10 of the Moneycontrol Masterclass program, the NYU professor doubled down on his longstanding repudiation of Bitcoin as currency….
“# Nigerian secondary school will accept crypto payments despite regulatory uncertainty ” A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial institutions providing services to crypto exchanges. According to a Thursday report from local…
“# Sotheby’s will allow people to trade their crypto for an ‘intrinsically worthless’ rock ” Luxury auction house Sotheby’s will accept bids in crypto for a massive diamond scheduled to be auctioned in Hong Kong next month. According to a Monday Reuters report, Sotheby’s will offer a 101.38-carat pear-shaped diamond for bids in crypto and…
“# Pro basketball league in Canada will offer players Bitcoin salaries ” The Canadian Elite Basketball League will be allowing players from its seven teams to accept a portion of their salaries in Bitcoin starting next week. According to a Thursday announcement, the Canadian Elite Basketball League, or CEBL, has partnered with Toronto-based cryptocurrency exchange…
“# NASCAR driver opts for crypto payment in sponsorship deal ” Landon Cassill, a professional race car driver in NASCAR’s Xfinity Series, will be receiving part of his salary in Bitcoin and Litecoin as part of a sponsorship with crypto broker Voyager. According to a Thursday report from the Associated Press, Voyager has finalized a…
“# El Salvador reportedly weighing paying employees in Bitcoin ” Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their employees in Bitcoin. According to local radio station 107.7 Fuego GMV, Castro has discussed the issue of employers…
“# Latin American telecom company accepts crypto payments through BitPay ” GoldConnect, a Latin American telecommunications wholesaler, announced Tuesday that it will allow customers to pay with cryptocurrencies through payment processor BitPay, marking another important milestone in the region’s embrace of Bitcoin (BTC). Crypto payments can be made directly through LatamConnect, a platform that connects…