Sentences with phrase «still accepting bitcoin as a payment»

Shortly after the regulatory action was put in place, however, police on the island went undercover to investigate reports of businesses still accepting bitcoin as a payment method.

Not exact matches

While 50 Cent can still make money off his music, it was his decision in 2014 to accept Bitcoins as payment for his album «Animal Ambition» that has ended up paying dividends for the artist.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties 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,» explained Bitflyer exchange.

Despite Bitcoin gaining massive media attention, and some of the world's biggest companies now accepting Bitcoin as a payment method, the banks are still wary of this digital currency.

However, Fancy is still accepting bitcoin payments on its e-commerce website for items such as artwork, clothing and furniture.

As reported by CCN, the software and hardware giant put the breaks on cryptocurrency payments in 2016, Little after the company's move started making headlines, it apologized for what it deemed «inaccurate information,» and revealed Bitcoin would still be accepted.

Though much development still remains, Shrosbree — a former Wall Street derivatives trader now working on an insurance business that accepts bitcoin as payment — believes a seamless transaction between buyer and seller could happen sooner than many think.