Sentences with phrase «cryptocurrency as a method of payment»

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.
Bitcoin is looking less and less like a viable currency every day, as companies continue to drop the popular cryptocurrency as a method of payment.
BitSpark makes this possible by using bitcoin and other cryptocurrencies as the method of payment without the need for expensive banks, especially when dealing in more exotic currency such as NGN.

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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!
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.
«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.
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.
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
Currently, the extreme volatility of the market makes it dififcult for retailers to fully adopt cryptocurrencies as a payment method.
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.»
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.»
Unexpectedly, Bitcoin Cash was the third most common cryptocurrency with 13 percent of vendors trusting it 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.
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.
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.
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.
Currently, a good number of merchants and websites have accepted cryptocurrencies as a legitimate method of payment.
Nowadays, more and more casinos are accepting the cryptocurrency for placing bets as they are waking up to the benefits of accepting bitcoin as a payment method.
While regulatory approval for bitcoin as a legal payment method in Kenya may still be a long way off, the debate shows people are beginning to see bitcoin and cryptocurrencies as an agent of change and innovation when it comes to financial services.
With the aid of platforms that help rebuild trust in online transactions, cryptocurrencies will likely gain more traction as a mainstream payment method.
Despite the much - publicized decisions of Steam and Microsoft to stop accepting Bitcoin as a payment method, there are more and more industries which have started to embrace cryptocurrencies.
The State Bank of Vietnam (SBV), Vietnam's central bank, has ruled that cryptocurrencies like bitcoin are prohibited as a method of payment in the country.
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.
A good thing to know: Since Japan has legalized Bitcoin as a legal payment method, a lot of Japanese IT giants are experimenting with cryptocurrencies, Blockchain, and even mining.
Bitcoin and blockchain rapidly burst into the daily life, it's hardly reasonable to deny, as the right of cryptocurrency to exist and be a method of payment.
Its similarities to bitcoin mean it can be more easily adopted than other cryptocurrencies, so there's a good chance of seeing Bitcoin Cash become more widely accepted as an actual payment method.
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.
With the exception of bitcoin, cryptocurrency has yet to take off as a payment method.
Cryptocurrencies have not yet reached the widespread adoption as a payment method,... Continue reading Bonpay and the Future of Cryptocurrencies as Payment payment method,... Continue reading Bonpay and the Future of Cryptocurrencies as Payment Payment Methods
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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 puPayment Services Act to legally define Bitcoin and other cryptocurrencies as a legal method of payment, which makes it legal to use cryptocurrencies for payment pupayment, which makes it legal to use cryptocurrencies for payment pupayment purposes.
Bitcoin had a big year in 2017 and some experts anticipate that momentum will continue to grow as cryptocurrency companies land on the stock market and enthusiasts work to find ways to make bitcoin and other cryptocurrencies the payment method of choice for millions.
Needless to say this can cause a lot of extra paperwork for companies that are open to accepting cryptocurrencies as a payment method.
The Bank of Tokyo - Mitsubishi, the biggest Japan's financial body and the third largest in the world, has joined the Ripple blockchain net, as Japan accepts cryptocurrencies as a legal payment method.
Although one of the key roles of cryptocurrencies in the digital age is facilitating transactions seamlessly and serving as a friction-less secure payment method acceptable to many, that remains to be seen to among masses because of a number of challenges in modern platforms.
Earlier this year, Japan became one of the first countries to officially recognize cryptocurrency as a legal method of payment.
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.
A payment processor for cryptocurrency means that it is a company that will help retailers accept payment cards or other payment methods of cryptocurrency (such as from a mobile wallet that scans a QR code) and then immediately or quickly deposited in their account an equivalent amount of the local fiat currency.
Kiseleva notes that Regal RA sees cryptocurrencies as a «commodity» instead of a payment method, according to Bloomberg.
Surprisingly though, WikiLeaks was one of the initial proponents of the cryptocurrency revolution and even accepted it as a payment method for donations as early as 2010.
The adoption of cryptocurrencies as mainstream payment methods has been slow, but has recently shown signs of speeding up.
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 methoAs 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 methoas 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.
In Japan, some of the largest electronics manufacturers, budget hotel chains, airlines, and retailers have already started to accept bitcoin as a payment method since early 2017, almost immediately after the Japanese government legalized bitcoin and regulated its cryptocurrency exchange market.
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