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in 240
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Bitcoin payments may be
accepted at over 260,000 stores
in Japan by this summer following partnerships between the
country's
Bitcoin exchanges and major retailers...
New York City would become the first major municipality
in the
country to
accept Bitcoins as
payment if a Manhattan Councilman Mark Levine gets his way.
Taiwanese airline FAT Taiwan Inc. (Far Eastern Air Transport) recently announced that it will
accept bitcoin payments, becoming the first airline
in the
country to
accept cryptocurrency for tickets
in a growing trend.
According to revised
payment services laws that went into force
in April 2017, when Japan made
bitcoin a nationally
accepted cryptocurrency, any virtual currency exchange that wants to do business
in the
country or solicit its citizens needs to be licensed with Japan's Financial Services Agency (FSA).
Last year, Showroomprive.com, a Paris - based online retailer, started
accepting bitcoin payments via Paymium
in several European
countries.
The food joint is amongst the pioneers
in the
country to
accept Bitcoin in the form of bill
payments.
The online store caters to coffee enthusiasts
in the
country and
accepts bitcoin payments.
Merchant adoption
in other parts of the
country is lower «as we do not have a physical presence there and this needs quite a bit of explanation and push for the merchant to consider
accepting bitcoin as a mode of
payment,» he detailed.
Authorities
in Ho Chi Minh City will be working with the
country's central bank to «handle violations» at several restaurants and coffee shops
in the city that have been
accepting bitcoin as
payment... We have also asked the city's police department to work with us.
If deals with Japanese companies are pursued as planned, more than 300,000 Japanese merchants could soon
accept Bitcoin in the
country and tens of thousands of convenience stores could start offering
Bitcoin as an official method of
payment.
Therefore,
bitcoin becomes an asset that can not be used or
accepted as an alternative form of
payment or as an investment
in the
country.
Some retailers
in the
country even
accept Bitcoin as
payment.
Bitcoin payments may be
accepted at over 260,000 stores
in Japan by this summer following partnerships between the
country's
Bitcoin exchanges and major retailers.
Does the government have resources at its disposal to prevent every store andmerchant
in the
country from
accepting bitcoin payments?
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
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
accept cryptocurrency
payments means that some 236 stores
in the
country now
accept bitcoin and other currencies, per Segye
accept bitcoin and other currencies, per Segye Ilbo.
Uznay Vse details Burger King Russia
accepting bitcoin payments is one the first initial steps towards mainstream merchant services
accepting cryptocurrencies
in the
country.