Microsoft briefly stopped accepting bitcoin
as a payment method last month but has since restored this option, while entertainment and gaming platform Steam announced in December that it would no longer support bitcoin payments due to high costs and unreliability.
One of the major announcement in the Bitcoin world came from an unlikely ally, as Neteller, a leading online payment processor, enabled the virtual currency
as a payment method last year.
Not exact matches
Bitcoin's rising popularity in Indonesia has alarmed the country's central bank, which said
last week it would ban it
as a
payment method next year.
Last year,
Payments UK informed Education Business readers about the variety of different, alternate
payment methods that were open to them, which could make life easier for parents and their children,
as well
as the schools themselves (Education Business 20.7).
The erotica genre
as a whole came under attack in the
last two weeks when PayPal ordered more than 2,000 titles that were deemed inappropriate to be removed from Smashwords» catalog of ebooks; failure to do so would result in the cancellation of Smashwords» PayPal account, rendering the ebook distribution site incapable of accepting
payment for ebooks in its current
method.
As Part of a SEPP Program For penalty - free distributions that are part of a series of substantially equal periodic
payments (SEPP) over the life of the IRA holder and or his or her beneficiary, the
payments must
last five years or until the IRA owner reaches age 59 1/2 — whichever is longer — and the calculation of the
payment amounts must be done under certain IRS - approved
methods.
After regulating digital currency exchanges in the country
last year, the Japanese Diet has signed a landmark bill that will allow the use of digital currencies like bitcoin
as a legal
method of
payment.
Bitcoin and other cryptocurrencies remain outlawed in Russia
as a
payment method, but draft legislation was introduced late
last month that would legalize and regulate virtual currencies to curb illicit activity.
Last week, the Malta - licensed Pinnacle sent emails to its Euro account customers confirming that they could begin using the cryptocurrency
as a
method of
payment via the Atlanta - based Bitpay
payment processor.
Entertainment and gaming platform Steam announced in December
last year that it would no longer support bitcoin
as a
payment method given the cryptocurrency's unreliable value and inherently high processing fees.
It seems other local service providers see value in bitcoin
as well, with Swiss railway service SBB announcing
last week it will soon accept the
payment method.
This seems odd since Microsoft enabled PayPal
as a
payment method on the Xbox 360 late
last year, and those transitioning from Symbian handsets are used to having the option to pay via their phone bill.
Last year, Japan revised its
Payment Services Act to legally define Bitcoin and other cryptocurrencies as a legal method of payment, which makes it legal to use cryptocurrencies for payment pu
Payment Services Act to legally define Bitcoin and other cryptocurrencies
as a legal
method of
payment, which makes it legal to use cryptocurrencies for payment pu
payment, which makes it legal to use cryptocurrencies for
payment pu
payment purposes.
The news marks the first time that regulators in Japan have issued a warning over a cryptocurrency services company since April
last year, when the country legalized bitcoin
as a
payment method.