Bitcoin Payments

Residents of Caribbean island can conduct local transactions using Bitcoin

The more than 5,000 residents of an island that forms a part of St. Vincent and the Grenadines can use crypto as a means of payment. According to a report from Euronews, both residents and visitors to the island of Bequia can use Bitcoin (BTC) to pay for goods and services ranging from property to …

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Nigerian hotel becomes country’s first to accept Bitcoin payments

A luxury hotel in Lagos, Nigeria will reportedly accept Bitcoin (BTC) as a form of payment and adopt the digital asset as its primary reserve currency as concerns about inflation continue to grip Africa’s largest economy. George Residence confirmed its intent to begin accepting Bitcoin this weekend, according to 1st News, a Nigerian news publication. …

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Music Company Founded by Dr. Luke Enables Bitcoin Payments for Songwriters and Producers

<div class=”featured_image_container”> </div> <strong>Bitcoin mainstream adoption is not limited to celebrities endorsing the cryptocurrency via social media or interviews on TV. The music industry is also interested in joining the bandwagon, with an independent publishing company recently enabling bitcoin payments.</strong> Bitcoin Adoption Comes in Response to the Requests of Prescription Songs Creators According to Variety, …

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Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch

<div class=”featured_image_container”> </div> <strong>Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. </strong><strong>“This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your Paypal wallet,” …

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Tesla Begins Accepting Bitcoin — Elon Musk Says BTC Payments Will Not Be Converted to Fiat Currency

<div class=”featured_image_container”> </div> <strong>Elon Musk’s electric car company, Tesla, has started accepting bitcoin payments. Musk, whose title is now Technoking of Tesla, also confirmed that all “Bitcoin paid to Tesla will be retained as bitcoin, not converted to fiat currency.”</strong> Tesla Now Accepts Bitcoin Tesla has begun accepting bitcoin payments. Elon Musk, who recently changed …

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Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip

A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years. According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013 and gave the delivery driver two options for his tip: a $5 bill, or 0.0069 BTC on a …

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Dubai Government Licensing Entity Now Accepts Bitcoin for Payments

<div class=”featured_image_container”> </div> <strong>A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports.</strong> Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues trade and other …

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Twitter looking into Bitcoin payments for employees, says CFO

Twitter may be the next major company to purchase Bitcoin, according to the tech firm’s chief financial officer. In an interview on CNBC’s Squawk Box today, Ned Segal, who has served as the CFO of Twitter since 2017, responded to questions about how Twitter would react to Tesla’s recent $1.5 billion Bitcoin (BTC) investment this …

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Crypto Long & Short: Could Scalable Payments for Bitcoin Undermine Its Value?

With the wild journey that is bitcoin price swings so far this year, you might have missed the accelerating rhythm of companies announcing services to support bitcoin for payments. We’re not talking about small idealistic startups, either. A week ago, on Visa’s Q1 earnings call, CEO Al Kelly said the company may add cryptocurrencies to …

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PayPal to offer crypto payments for merchants, limited trading on Venmo

After a limited buy/sell/hold crypto trading launch that “exceeded expectations,” PayPal CEO Dan Schulman said on the company’s Q4 earnings call today that the payments giant is ready to double down on cryptocurrencies.  “We also saw an exceptional response from our crypto launch,” said PayPal CEO Dan Schulman. “[…] The volume of crypto traded on our …

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