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“# Cambodia explores cross-border transactions of CBDC-like Bakong ” The National Bank of Cambodia (NBC) continues progressing with its central bank digital currency-like initiative known as Bakong, disclosing several project milestones. NBC’s director-general and the Bakong project lead Chea Serey said in a Wednesday interview with The Nikkei that Bakong’s electronic wallet reached 200,000 users in June,…
“# Xiaomi retailer in Portugal now accepts Bitcoin payments ” Chinese electronics manufacturer Xiaomi is the latest global company to get involved in the cryptocurrency industry as its official Portuguese shop now accepts Bitcoin (BTC) payments. Mi Store Portugal, the official Xiaomi retailer, announced Wednesday on Facebook that it now allows customers to purchase devices…
“# BTC payments coming to certain Quiznos shops, thanks to Bakkt collaboration ” An upcoming collaboration between Bakkt and Quiznos will allow customers to pay for meals at certain locations with Bitcoin (BTC). Customers will be able to pay in BTC at certain Quiznos shops in Colorado’s capital as part of an initial test run, according to…
“# New study reveals high demand for payments in cryptocurrency ” Payments in cryptocurrencies like Bitcoin (BTC) make up one of the biggest use case demands among consumers alongside long-term investment, according to new data. Pymnts, a major payments-focused publication, released Monday a report on consumer preferences regarding cryptocurrency payments. Dubbed “Cryptocurrency Payments Playbook: Cryptocurrencies…
“# NCR Corporation plans to purchase Bitcoin ATM company LibertyX ” Enterprise technology provider NCR Corporation has announced an agreement to buy LibertyX, the company that launched one of the first retail Bitcoin ATMs. In a Monday announcement, NCR said it expected to purchase LibertyX later this year depending on regulatory licensing consents and approvals….
“# Voyager Digital acquires crypto payments company Coinify ” Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash and stock. In a Monday announcement, Voyager said it would issue 5.1 million shares of its stock — worth roughly $70 million at the time of publication…
“# Brand executive posts discounted Utah home listing for Dogecoin ” Crypto as a payment option for real estate continues to gain traction as the adoption of digital currencies for commercial transactions continues to take shape. Scott Paul, founder of Utah-based marketing agency Wooly, put up his Saratoga Springs home for sale, with Dogecoin (DOGE)…
“# Square to acquire Australian fintech Afterpay in $29B deal ” Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company. Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in…
“# Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy ” Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC). In a report published last week, analysts at the bank said…
“# PayPal reportedly assembling crypto team in Ireland as Bitcoin adoption grows ” Global payments provider PayPal is in the process of recruiting for several cryptocurrency-related positions at its Ireland offices, further highlighting the company’s ambitions in the rapidly growing digital asset market. The Dublin-based Irish Independent, one of the country’s most popular news outlets,…