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Venmo enables users to automatically buy crypto with ‘cash back’ rewards
11.8.2021
Paypal-owned payments firm Venmo has expanded its crypto support by enabling credit cardholders to convert their cash back rewards into four digital assets hosted on the platform
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
4.8.2021
Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchases, according to a new report. Out of more than 8,000 U.S. consumers surveyed, 93% of crypto users would make purchases with cryptocurrency in the future. Growing Number of People Want to Pay With...
Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio Director
29.7.2021
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio...
Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies
11.7.2021
The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such...
New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
3.7.2021
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange...
Lloyds Auctions Australia Sells a Pricey Caravan for Cryptocurrency
23.6.2021
Australia’s Lloyds Auctions now accepts major cryptocurrencies for any of the items offered on its marketplace. Within hours of the announcement, the auction house managed to sell an expensive caravan (camper/trailer) to a bidder who was happy to pay the full price with digital coins....
American convenience store chain now accepts Bitcoin payments
28.5.2021
Mid-Atlantic convenience store giant Sheetz is set to accept Bitcoin and crypto payments across its outlets
200-Year-Old American Wine Shop Now Accepts Cryptocurrencies
15.4.2021
Nearly every day now a new company is announcing the acceptance of cryptocurrencies in some form or another. Now one of the world’s largest fine wine auction houses and America’s oldest wine shop Acker has revealed digital currency acceptance to pay for auction payments and retail wine...
Microsoft Is Surveying Its Xbox Users About Adding a Bitcoin Payment Option to the Store
24.3.2021
The tech giant seems to be changing its stance on being more friendly with the cryptocurrency sphere amid the current hype. Microsoft has been asking its Xbox gaming console users about the possibility of implementing payment methods, such as bitcoin. The Poll Is the First of Its Kind Released...
PayPal purchases crypto custody firm Curv
8.3.2021
The platform said it plans to complete the acquisition before the third quarter of 2021
PayPal expanding crypto services to U.K. residents
11.2.2021
CEO Dan Schulman said last week the company would add crypto buying, selling, and custody features to "Venmo and select international markets" in 2021
PayPal to Reportedly Offer Crypto Trading Through Paxos Partnership
20.7.2020
PayPal reportedly plans to introduce crypto trading through a new brokerage service offered by United States stablecoin operator Paxos
Australia Crypto Merchant Trade Sets $74K Monthly Record With BCH Capturing 97%
5.3.2020
Cryptocurrency payments in Australia, which have been growing in volume in the past few years, have recently scored another record. Crypto-based merchant trade across the country reached almost $74,000 in February according to a new report. Bitcoin cash has by far the largest share in retail crypto...
Bitpay Partnership With Poynt Enables Crypto Payments at 100,000 Point-of-Sale Devices
12.2.2020
On February 11, the Atlanta-based payment processor Bitpay announced the firm’s recent partnership with the company Poynt. Now retailers will be able to support cryptocurrency payments using point-of-sale devices and crypto users will be able to pay with digital currencies at more than...