SL Benfica Offers Cryptocurrency Payment Option for Online Store June 6, 2019

Major Portuguese sports club SL Benfica now accepts cryptocurrency for merchandise and tickets, Verdict reports on June 6. According to the report, SL Benfica partnered with cryptocurrency service Utrust to provide the new payments option. Fans and customers can now buy tickets any products on the club’s website with Utrust’s native token (UTK), or with […]

Major Canadian Exchange Coinsquare Acquires Zero-Fee Payment Network StellarX February 15, 2019

Major Canadian crypto exchange Coinsquare has acquired StellarX, a Stellar (XLM)-based zero-fee decentralized payment network, according to a press release published on Feb. 14. According to the announcement, Bermuda-based StellarX will be a fully owned subsidiary of Coinsquare and will seek regulatory approval to operate and expand its service under Coinsquare’s compliance. The new acquisition […]

Poll: Interest in Crypto as Payment Method Makes Small Inroads Among Moscow Residents November 15, 2018

Five percent of Moscow residents who use non-cash methods of payment are open to using cryptocurrencies, according to a recently conducted survey, Forbes Russia reported Nov. 13. The investigation into the e-payment market in Moscow was carried out by Russian payment service Yandex.Money and the Moscow Information Technology Department (ITD). The experts purportedly surveyed 1,000 […]

BTC/BCH Payment Service Bitpay Reports Growing Usage Processing $1.2 billion USD August 2, 2018

Economy & Regulation Bitpay’s chief operating officer, Sonny Singh, recently attested to the efficacy of bitcoin as a means of payment, stating that “bitcoin is being used all around the world for things other than speculation and trading.” The COO also reported that Bitpay processed $1.2 billion USD worth of bitcoin payment in 2018. Also […]

Bitpay COO Believes Bitcoin is “Working” as Means of Payment August 2, 2018

Economy & Regulation Bitpay’s chief operating officer, Sonny Singh, recently attested to the efficacy of bitcoin as a means of payment, stating that “bitcoin is being used all around the world for things other than speculation and trading.” The COO also reported that Bitpay processed $1.2 billion USD worth of bitcoin payment in 2018. Also […]

Tom Lee’s Market Research Firm Fundstrat Adds Bitcoin as Payment Method August 1, 2018

Fundstrat Global Advisors, market strategy and research provider, announced the firm will start accepting Bitcoin (BTC) for content via Bitpay, according to a press release shared with Cointelegraph July 31. In what the company claims is a first for research firms, Fundstrat has added Bitcoin payments to its platform via payment operator BitPay, which processed […]

Government of India to Recognize Crypto as a Payment Method, Experts Optimistic July 26, 2018

Cryptocurrencies have found an unlikely ally in their quest to become legalized in India, following intense legal battles between companies, consumers, and the Reserve Bank of India. The recommendation to legalize crypto comes from the law commission of India, as they are a vital part of their case against a blanket ban on sports betting. […]

Indian Law Commission Recognizes Cryptocurrency as an ‘Electronic Payment’: Report July 25, 2018

The cryptocurrency ecosystem in India may have just found a lifeline, albeit an unlikely one. According to a legal report released in July 2018, the country’s lawmakers are considering legalizing the multi-million dollar sports betting industry – naming cryptocurrencies as a legally acceptable payment method akin to credit and debit cards. India Explores Cryptocurrencies in […]