Sentences with phrase «accept cryptocurrency payments means»

236 Japanese Stores Now Accept Cryptocurrencies Recent moves by some of Japan's biggest retailers to accept cryptocurrency payments means that some 236 stores in the country now accept bitcoin and other currencies, per Segye Ilbo.

Not exact matches

While corporations can accept cryptocurrencies as a means of payment or value exchange, Hoffmeyer believes they have limited application for corporates, unlike blockchain technology.

That means if you install this machine in the shop, restaurant or any other business location, it can start accepting Bitcoin (or other cryptocurrencies) as a payment method without need to purchase any other hardware, software or integrating with any other third - party service.

Venezuela's President Maduro has ordered government services to accept cryptocurrencies as a means of payment.

Thus, the creator declares and promises their backers that their product will (or already does) accept KickCoins as a means of payment, at a rate of conversion listed on cryptocurrency exchanges.

Cryptocurrencies can give you access to any good or service on the condition the vendor chooses to accept it as a means of payment.

That means if you install this machine in the shop, restaurant or any other business location, it can start accepting Bitcoin (or other cryptocurrencies) as a payment method without need to purchase any other hardware, software or integrating with any other third - party service.

For starters, the volatility of the currency has led to some legitimate companies refusing to accept it as a means of payment — meaning that they're off - limits to those who only want to pay with cryptocurrency.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

As more people continue to learn about the blockchain technology and accept cryptocurrencies as a means of payment, we expect the technology to receive more government attention.

The Bitcoin is no longer shelved, some of the largest companies in the world are beginning to accept cryptocurrencies such as Bitcoin as a means of payment.

The German authorities justified this decision by stating that all virtual currencies such as Bitcoin will be considered a legal method of payment as long as all parties involved in the transaction accept that that cryptocurrency will be used as a means of payment.

Cryptocurrencies are therefore not considered as official South African tender nor is it widely accepted as a means of exchange or payment.

Another important information coming from South Korea today is that WeMakePrice, a South Korean Mall, is going to accept twelve different cryptocurrencies as a means of payment.

Fiat currency — USD and cryptocurrency — Bitcoin and Ethereum are the accepted means of payment during the token sale.

«So - called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so - called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.»

This exchange bug and related fallout come at an interesting time for cryptocurrency relations in Japan, which recently announced it as an accepted means of payment.

The cryptocurrency is not recognised as a means of payment by the official structures: banks do not accept it and Chinese financial system does not protect bitcoin owners in the case of stock exchange crisis.

I do wonder if the volatility of the cryptocurrency actually makes it difficult for more conventional organizations to accept it as a viable means of payment.

Not only that, but with bitcoin adoption strong in Japan and South Korea, with retailers and e-commerce providers accepting bitcoin as a means of payment, it is demonstrating the steady movement that the cryptocurrency is making into the real world.

After the release of the updated decree on the government gazette, those who operate with cryptocurrencies at a commercial or professional level in Italy, including sellers who accept digital currencies as means of payment, must send a certified email to the Ministry of Economy and Finance.

Its similarities to bitcoin mean it can be more easily adopted than other cryptocurrencies, so there's a good chance of seeing Bitcoin Cash become more widely accepted as an actual payment method.

Because Bitcoin and many other cryptocurrencies are not subject to a central control body, they have the potential to be accepted internationally as a means of payment.

At the same time, the use of cryptocurrencies is expected to remain somewhat limited, as they will not be accepted as legal means of payment.

«By accepting cryptocurrencies as means of payment and with the possible implementation of the blockchain technology in our finances, we want to position ourselves as an innovation driver in the tourism industry,» she added.

A payment processor for cryptocurrency means that it is a company that will help retailers accept payment cards or other payment methods of cryptocurrency (such as from a mobile wallet that scans a QR code) and then immediately or quickly deposited in their account an equivalent amount of the local fiat currency.