Sentences with phrase «accept the digital currency as»

In 2013, bitcoin's valuation didn't just skyrocket, but its infrastructure, services, and adoption exploded as well, culminating in recent announcements that major online retailer Overstock.com and NBA team the Sacramento Kings would accept the digital currency as payment.

While Bitcoin represents a great currency for trading, there aren't too many platforms that accept the digital currency as market trading collateral.

Tom Taylor, head of Amazon payments, told Re / code in an interview that the company has mulled over the idea of accepting the digital currency as a form of payment, but it has declined to implement.

We're pleased to announce that Singapore has a bustling Bitcoin market, with more and more merchants accepting the digital currency as a payment method.

We're pleased to announce that the UK has a bustling Bitcoin market, with more and more merchants accepting the digital currency as a payment method.

There is no assurance that a person who accepts a digital currency as payment today will continue to do so in the future;

By witnessing bitcoin's low transaction fees in - person, Purse hopes more San Francisco merchants will begin to accept the digital currency as well.

«A crucial hurdle» for bitcoin is whether major financial institutions will accept the digital currency as collateral, said Blanch, who is considered by many to be one of the best commodity analysts on Wall Street.

GMO Internet Group has worked with cryptocurrency through its regular internet - based business activities by accepting digital currencies as payment as well as starting an exchange and trading service.

This bodes well for bitcoin adoption in South Africa as many local firms are increasingly accepting the digital currency as a mode of payment.

No Central Bank will accept digital currency as a substitute for its national currency or part of its monetary system when it is not able to control it.

We're pleased to announce that the UK has a bustling Bitcoin market, with more and more merchants accepting the digital currency as a payment method.

As reported by Bloomberg, Soros» firm is the third - largest shareholder of the e-commerce company — which, in addition to notably becoming the first major retailer to accept digital currencies as a valid form of payment in August 2017, plans on starting its own cryptocurrency exchange and offering its own digital coins.

One issue holding bitcoin back from wider adoption is the lack of businesses that accept the digital currency as payment.

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.

In this guide, CoinDesk takes a look at the e-commerce systems that can help you accept digital currencies as payment on your website or in your real - world store.

Currently, cryptocurrencies are mainly used for trading and investing, however, experts believe that as the number of cryptocurrencies users rises, more and more businesses will start accepting digital currencies as payment forms.

Small, medium and big businesses can accept Bitcoin without the fear of the Italian tax office coming after them for accepting the digital currency as payment for their services and / or products.

Not exact matches

As for why Pornhub is only accepting Verge cryptocurrency payments, a relatively obscure digital currency, a spokesman for the adult entertainment website said that its users specifically asked for it.

University of Nicosia in Cyprus announced today that it will accept the digital - only currency as legal tender for tuition and fees.

Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.

We are accepting digital currency payments, such as Bitcoin, Litecoin, Ethereum, Dash, Digibyte, Monero & Bitcoin Cash.

««Virtual currencies» means a digital representation of value that is neither issued by a central bank or a public authority, not attached to a legally established currency, which does not possess the legal status of currency or money, but is accepted by natural or legal persons as a means of exchange or for other purposes, and can be transferred, stored or traded electronically.

As we approach an age when more merchants accept digital currency, mobile wallets have become an increasingly popular storage choice.

It should come as no surprise, then, that some food trucks are already accepting bitcoin, the innovative digital currency that has been skyrocketing in value lately.

Most of the bitcoin - accepting merchants are eCommerce businesses, offering services ideal for virtual currency payments such as web hosting, domain registration, VPN services, and digital downloads.

So, that is, accepting the digital currency today is completely legal; this means MonaCoin and other cryptos can be used as a medium of payment in businesses, stores, or restaurants.

We regard digital currency payments as «accepted» when one block confirmation has been registered, however, due to varying security between blockchains, we reserve the right to require additional block confirmations to reduce risk of fraudulent double spending attempts or errors related to forks.

While select franchise locations of other restaurant chains accept Bitcoin as payment, this appears to be the first time a parent company has embraced the digital currency.

By no longer accepting credit card or wire transfers as a payment, and switching to digital currency, you can service customers from all around the world.

The proposal defines «virtual currencies» as a digital representation of value that can be digitally transferred, stored or traded and accepted by natural or legal persons as a medium of exchange, but does not have legal tender status.

The Coinbase Commerce button works in a similar way to the PayPal plugin but rather than accepting fiat currencies, the new service allows for virtual currencies to be integrated as electronic payments, offering a more efficient digital payment option.

The leading virtual currency Bitcoin is accepted as a form of payment at only a few restaurants, and several cryptocurrency exchanges allow users to use the digital currencies as payments for books or movie tickets.

The addition of Canadian Bitcoin payments is long overdue, as payments in the dominant digital currency have been accepted from customers in the

We are accepting digital currency payments, such as Bitcoin, Litecoin, Ethereum, Dash, Digibyte, Monero & Bitcoin Cash.

While there are still not many businesses accepting bitcoin in Taiwan so far - with most users seeing it as an investment - BitoEX plans to promote the use of digital currency by opening up its API and holding a hackathon to develop new use cases.

In Japan, about 4,500 stores already accept bitcoin as payment, after the Japanese Diet allowed the use of bitcoin and other digital currencies as a legal method of payment.

Instead, the sale is conducted over a website where the company accepts digital currency such as bitcoins or ether (or credit cards in the case of some overseas transactions) and the investors receive digital tokens.

The company may be able to boost its revenue through its new merchant platform, Coinbase Commerce, which enables vendors to accept digital currency payments — and if more merchants are using digital currencies, the trading price of those currencies may go up as well.

The goal of the Bitcoin PRO team is to address the technical limitations of standard Bitcoin, and eventually replace it as the most widely accepted digital currency.

Essentially an upgrade in every possible way to the previous iterations of Bitcoin, Bitcoin PRO is confident about replacing Bitcoin as the most widely accepted digital currency in the near future.

Not only is this a joyous occasion, but the team also managed to add a significant food location to their list of Bitcoin merchants, as none other than Burger King Arnhem is now accepting digital currency payments.

The addition of Canadian Bitcoin payments is long overdue, as payments in the dominant digital currency have been accepted from customers in the United States since August 2014.

Also, the more freelancers and remote workers start to accept cryptocurrencies as payment, the more income tax revenue the KRA can generate provided it issues clear guidance on how digital currency should be taxed in Kenya.

«Bitcoin's popularity is growing rapidly and has established itself as the most secure, most widely accepted digital currency» said Sonny Singh, chief operating officer, BitPay Inc. «This relationship with Optimal Payments will help us to drive merchant acceptance on a global scale.»

I think we are in the belief that Bitcoin is Bitcoin, in other words... it does not have to be a super perfect technological specimen for it to have its value, we believe due to that fact that IT IS Bitcoin makes it have its value and people accept and want Bitcoin, so even if my transaction takes one minute longer than another technology, etc I don't care because, as far as the digital currency world and payments... it's the one and only «Bitcoin» which people have come to trust, does that make sense and do you agree?

In Japan, mainstream adoption of Bitcoin is imminent, with leading airlines, electronics retailers and some of the country's most well - known and influential companies accepting Bitcoin as digital currency rather than as digital gold and investment.

In announcing the integration, RingPlus cited the desire to appeal to a broader audience of digital currency users by accepting bitcoin as well as litecoin and dogecoin.

Digital currencies are defined in the document as «convertible virtual currencies, including crypto - currencies or similar concepts where the concept is accepted by persons as a means of payment for goods or services, a unit of account, a store of value or a commodity.»

According to the report, as the number of businesses accepting digital currency payments grows, there is an increasing risk of criminals using the currencies to launder funds without needing to cash out into non-digital, or «fiat» currencies.