Sentences with phrase «cryptocurrencies as a payment method»

Bitcoin is up nearly $ 100 in the past week, hitting levels not seen since mid-March after Japan legalized the cryptocurrency as a payment method and Russia is seeking to regulate it too.

In most cases, respectable institutions consider cryptocurrency as a payment method, not a currency, and they cash it out immediately and consider the donation as the sale amount in USD.

Currently, the extreme volatility of the market makes it dififcult for retailers to fully adopt cryptocurrencies as a payment method.

While Nigerian banks are prohibited from handling virtual currencies, the central bank is working on a white paper which will draft its official stance on use of cryptocurrencies as a payment method.

First, thousands of transactions or even more could be processed every single second, changing the way people feel about the efficiency of cryptocurrencies as payment methods.

Indian authorities will crackdown on illegal cryptocurrency activities and will discourage the public from using cryptocurrencies as payment methods.

The greatest hindrance to accepting cryptocurrencies as a payment method is probably volatility of cryptocurrencies but there is no doubt that barrier will be solved in the near future.

Dietmeier also stressed that he believes it likely that Audi will be offering cryptocurrencies as a payment method in the near future.

The multinational global e-commerce corporation is «seriously considering» cryptocurrencies as a payment method, but Senior Vice President of eBay Americas Scott Cutler believes it's not ready for such a big move.

Cryptocurrencies have not yet reached the widespread adoption as a payment method,... Continue reading Bonpay and the Future of Cryptocurrencies as Payment Methods

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Needless to say this can cause a lot of extra paperwork for companies that are open to accepting cryptocurrencies as a payment method.

For instance, most e-commerce platforms out of blockchain are unable to accept cryptocurrencies as a payment method and those that do are few and have eminent challenges in doing so.

As CCN reported, the integration of cryptocurrencies by Kakao will allow 12,000 merchants using KakaoPay to accept cryptocurrencies with ease, millions of users on KakaoTaxi, KakaoPay, and potentially KakaoTalk, to send and receive cryptocurrencies, and tens of millions of consumers to utilize cryptocurrencies as a payment method.

the integration of cryptocurrencies by Kakao will allow 12,000 merchants using KakaoPay to accept cryptocurrencies with ease, millions of users on KakaoTaxi, KakaoPay, and potentially KakaoTalk, to send and receive cryptocurrencies, and tens of millions of consumers to utilize cryptocurrencies as a payment method.

Not exact matches

To further spur adoption of cryptocurrencies as the preferred payment method, we would like to announce a 10 % discount for all Vape Club shoppers who pay for e-juices with cryptocurrencies!

With the growth in use and acceptance as well as the realization that cryptocurrency can be used for financial and non-financial applications, more attention has been paid to the technology behind this alternative payment and transaction method.

Currently, Bitcoin is still the dominant payment method for illegal goods on the cyber-criminal underground, but as the cryptocurrency's use as a payment system continues to decline, new and more efficient payment channels will take its place.

Because more and more governments are adopting cryptocurrency as a legal payment method, the price of Bitcoin is steadily increasing.

About Paytomat Paytomat is a global blockchain - based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real life traction for cryptocurrencies as emerging method of everyday payments.

In the next two years, a third of small business owners believe cryptocurrencies like Bitcoin, Ether and Litecoin, will be available as a method of payment in retail shops everywhere.

To buy cryptocurrency on Coinbase, you have to simply go to the «Buys» page, select the amount you want to buy in either cryptocurrency or in your local currency, then select the wallet you want it to be transferred to as well as the payment method.

«However, cryptocurrency as a mode of payments has not yet been able to converge with real - world regulations, demonstrating the need for a stable method of payment on - chain, such as jCash.

Whether you're a website developer or a marketing consultant, accepting BCN as payment alongside other cryptocurrencies and fiat currencies like USD costs nothing and gives customers the ability to pay using their preferred method.

Where a few cryptocurrency terminals are wroth - trusting as preferred payment method, where intermediaries charge high transactions costs, and where Bitcoin still has not been able to grow its adoption rate, and where mining is even today considered risky by a novice in the cryptocurrency world, Phoneum makes it easy and hassle - free with its mobile - based blockchain - powered mining algorithm.

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.

The only problem with cryptocurrency, which is still relevant despite a growing user - base, is that it is yet to be accepted by the majority as a mainstream payment method.

Although it has some drawbacks such as low credit card limits and fewer payment methods, it's an excellent platform for those considering investing in cryptocurrencies.

Investors aren & rsquo; t able to liquidate their holdings and very few retailers are accepting cryptocurrency other than bitcoin as an alternative payment method.

February 13, 2018 — / PR NEWSWIRE / — Luxy, the millionaire matching app dedicated to pairing ambitious singles, today announced it will now accept cryptocurrencies, starting with Bitcoin, as a method for payment across its dating application.

Litepay's website says it will be available in 41 countries, but it remains an open question as to as to how widely businesses will accept the new payment system, and more crucially,, how many consumers will opt to pay with this new, potentially more straightforward cryptocurrency - based method.

ARK is launching a sale of ARK tokens — a delegated proof - of - stake Lisk - forked cryptocurrency that will support cross-blockchain communication (and transaction) and is intended as a mainstream payment method.

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.

This comes as Sweden continues its progression towards becoming a cashless society, and as they recognize the rapid technological development in cryptocurrencies and payment methods.

To further spur adoption of cryptocurrencies as the preferred payment method, we would like to announce a 10 % discount for all Vape Club shoppers who pay for e-juices with cryptocurrencies!

Of the several cryptocurrencies in the ecosystem, Ryfts accepts bitcoin and Etherum as a payment method and trading platform.

«With the introduction of cryptocurrency Bitcoin as a payment method in Austria we're aiming to cater principally to digitally - aware customers and other interested parties,» says, Christoph Schmidt, CEO

Choi noted that cryptocurrencies are essentially void of utility when it comes to functioning as a realistic payment method.

These stories dovetail with announcements from companies like Microsoft, Expedia, and Dish Network that they are now accepting cryptocurrencies as valid methods of payment.

Prestashop has an ideal base of small to medium stores that may well utilise cryptocurrencies not only as an innovative and increasingly popular payment method, which is much cheaper than traditional card payments, but also the promotional benefits that the Bitcoin tag carries.»

Passed in April, the new law established bitcoin as a legal payment method and extrapolated security guidelines for cryptocurrency exchanges.

Cryptocurrency exchange Coinbase is preventing users from adding new credit cards as a payment method.

The legislation follows a series of pro-cryptocurrency moves from the Japan Diet: If you recall, Japanese lawmakers signed a landmark bill early this year that recognize cryptocurrencies like bitcoin as a method of payment «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.»

$ OST is a cryptocurrency that can be used for staking against minting Branded Tokens within the OpenST protocol and also as a payment method in OST solutions.

Unexpectedly, Bitcoin Cash was the third most common cryptocurrency with 13 percent of vendors trusting it as a payment method.

However, he also said that cryptocurrencies are still far behind and have miles to go before being considered as a viable payment method.

We expect that the cryptocurrency diversification trend will only intensify, and Bitcoin will lose its place as a dominant payment method in the dark web in the next six to 12 months.

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.

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.

Cointelegraph auf Deutsch reported that the German Federal Ministry of Finances has mandated that cryptocurrencies will be tax exempt if they are being used as a payment method.