Sentences with phrase «bitcoin as a payment tool»

While it does not recognize bitcoin as a payment tool, China recognizes that digital currency is inevitable and is in...

The central bank does not recognize bitcoin as a payment tool, and it is carefully watching bitcoin like financial products and strengthening consumer and investor protection and education.

Not exact matches

Silk Road 2.0 provided an online bazaar where users across the world could buy and sell drugs, computer hacking tools and other illicit items, using the digital currency Bitcoin as payment, authorities said.

Security researchers explained that all these tools can be used as is, so it's plausible to expect that next week we will see several hacks on email servers, website defacements, or even an uptick in ransomware, the pervasive malware that locks computers and demands a payment in Bitcoin to unlock it.

BitPay offers easy tools to accept bitcoin payments online or in person, with the option to receive the funds as a bank direct deposit.

Our free payment processing and donation tools are empowering groups as diverse as ChildFund, Save the Children, American Red Cross, Greenpeace USA and Literacy Bridge to use bitcoin donations and create unique solutions to problems ranging from illiteracy to disease.

While Bitcoin turns into a digital analog of gold, it is simply impossible to use it as a payment tool.

Online payments company Stripe will soon allow its customers, who use its payments tools to accept credit card purchases online, to accept bitcoin payments as well, its CEO told Re / code on Wednesday evening.

As the world leader in bitcoin payment processing, BitPay offers easy tools to accept bitcoin payments online or in person, with the option to receive the funds as a bank direct deposiAs the world leader in bitcoin payment processing, BitPay offers easy tools to accept bitcoin payments online or in person, with the option to receive the funds as a bank direct deposias a bank direct deposit.

Still this negative portrayal of bitcoin trading shows that, at least in the short run, bitcoin in China will have difficulty gaining legal tender status as a payment tool, as opposed to the acceptance that it is seeing in Japan.

The DFS highlights three areas of particular concern: ensuring payments are processed quickly to build user confidence that money will not «get stuck in a digital black hole»; ensuring virtual currencies do not become the tool of choice for terrorists, drug smugglers, illegal weapons dealers, money launderers, and human traffickers; making sure that the use of bitcoin as an investment is governed properly.

The majority of bitcoin enthusiasts know BitPay as the company that enables bitcoin payments for merchants but the company also has developed tools to help organisations that want to solicit on - site donations.

In a statement released today, China's National Internet Finance Association (NIFA) asserted that cryptocurrencies like bitcoin have become a tool for speculation among investors, while also serving as a payment conduit for illegal fundraising and money laundering.

Cryptopay allows using merchant tools to let your business accept bitcoin payments, as well as receive payouts in pounds / euros.

A number of large European companies accept bitcoin through Paymium, a European startup that services roughly 600,000 users, offering a bitcoin exchange as well as bitcoin payment processing tools for merchants.

US District Judge Alison Nathan in Manhattan officially defined bitcoin as money since it can be utilised to settle and process transactions freely like other existing payment tools.

Although bitcoin payments may be less viable in countries like the U.S., they could be an invaluable tool in regions such as sub-Saharan Africa, according to Goldman Sachs.

Align Commerce CEO Marwan Forzley framed its diverse set of backers as evidence of the increasing interest in using both bitcoin and its underlying payments rail, the blockchain, as a tool to lower the costs of cross-border payments.

According to Snapcard co-founder Ioannis Giannaros, the partnership is just one demonstration of the API, which the company described as a back - end payments management system to complement its front - end tools for accepting bitcoin, litecoin and other cryptocurrencies.