Tag: bitcoin acceptance

Sep 29 2022

Bitcoin Is ‘Comforting’ And ‘Can’t Be Stopped,’ U.S. Senator Says

Bitcoin has its back covered by this American senator who believes in the potential of the crypto to bring good things to the U.S. financial sector and economy in general. Senator Cynthia Lummis may be the most prominent champion for the crypto sector in Congress. Her strong support for the cryptocurrency industry distinguishes her from her counterparts. During an interview on Hard Money...

Sep 20 2022

Four Stories From Argentina, Where Bitcoin And Crypto Rule The Land

In current-day Argentina inflation is no joke and prices change every day. That means it’s fertile ground for bitcoin and crypto adoption. “The central bank has warned repeatedly about the risk of investing in volatile digital currencies, and some adopters are taking it carefully,” says Reuters. Once in a blue moon, mainstream...

Aug 04 2022

Crypto Accounts Are Being Deactivated In Portugal’s Major Banks – Here’s Why

"Crypto-friendly" banks in Portugal have started deactivating accounts of digital currency exchanges, which could be a sign of things to come. Banking giant Banco Comercial Portugues, the largest publicly traded bank in Portugal, terminated all of the accounts of the Lisbon-based crypto trading platform CriptoLoja last week. The CEO and founder of the exchange, Pedro Borges, acknowledged that another bank, Banco Santander, did...

Jul 27 2022

Bitcoin Breaches Past $21,000 After IMF Clarifies Crypto Doesn’t Threaten Financial System

Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $21,000 threshold as Asian trading hours began, Wednesday. Since the International Monetary Fund reduced its global growth outlook for this year and 2023, BTC fell below the $21,000 barrier overnight, Forkas reported on Wednesday. In its worldwide projection, the IMF cautioned that global economies...

Jul 26 2022

Crypto Gets Seal Of Approval From US Politicians And British Monetary Association

Recent research indicates that crypto currencies can enhance the traditional banking system. This is because people can swap the current settlement infrastructure with digital currency. Some participants in the cross-border payment processing sector view blockchain and cryptocurrencies as remittance- enhancing solutions. According to a study by the International Association of Money Transfer Networks, the blockchain technology that drives digital...

Jul 13 2022

The FED Measures Inflation In Bitcoin Terms, Tries To Fool The General Public

The tables have turned. The FED concedes defeat and acknowledges bitcoin. Of course, they twist both numbers and words to try to make it seem like the dollar is the better money, but we all know what’s going on. A quote wrongly attributed to Gandhi describes the situation: “First they ignore you, then they laugh at you, then they fight you, then you...

Jul 11 2022

Crypto Adoption Rate In Kenya Highest In Africa – Here’s Why

The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa, highlighting the country's exposure to the unfolding digital currency market crash. According to a research done by the United Nations Conference on Trade and Development (UNCTAD), around 4.25 million Kenyans, or...

Jul 08 2022

3 Lessons From The Oslo Freedom Forum: Privacy & Tax – Odell, Sneidermanis, Nwosu

The Oslo Freedom Forum wasn’t a bitcoin conference, but the Human Rights Foundation made sure that its message was always present. We’ve already featured - one,...

Jun 17 2022

Crypto Flies High! Bitcoin As Payment For Tickets Now Accepted By Spain’s Biggest Airline

Crypto is flying high this year, despite the strong headwinds in the bear market. Vueling S.A., a low-cost Spanish airline headquartered in the Greater Barcelona area, has announced that it will begin taking 13 different cryptocurrencies as payment for its flying services beginning in 2019. Vueling is partnering with BitPay on a deal that will allow customers to pay using a variety of...

Jun 10 2022

Research Shows Over 90% of U.S. Companies Accepting Crypto Record Sales Increase

Based on the latest research, increasing utility and accessibility are fueling business expansion as the digital currency ecosystem expands. In general, retailers have been found to be sensitive to the needs and expectations of their customers and to understand the benefits of accepting digital currency payments for their businesses. Customers have played a significant role in promoting interest in and acceptance of digital...

Jun 07 2022

Crypto Payments For Local Taxes In The Works, Australian Mayor Says

Gold Coast is one of the leading cities in Australia in terms of crypto acceptance. Mayor Tom Tate stated on Monday that city residents might pay taxes and rates using cryptocurrencies in the coming months or years, despite the fact that skeptics and experts cite volatility as a big concern. As of March 2021, Statista ranks Gold Coast, with a population of 721,687,...

Jun 05 2022

UAE Charity Foundation Becomes 1st In Gulf Region To Accept Donations In Crypto

Al Jalila Foundation, a healthcare organization in the United Arab Emirates (UAE), has announced that it has been granted permission to accept digital currency and that donors can now make contributions using cryptocurrency. Al Jalila Foundation is the first non-profit organization in the UAE to accept cryptocurrency. Al Jalila is part of the Mohammed Bin Rashid Al Maktoum Global Initiative and is headquartered...

Jun 03 2022

Bukele: If BTC Succeeds In ELSL, “It’ll Be One Of History’s Biggest Game-Changers”

The second Nayib Bukele interview by What Bitcoin Did comes with as many quotables as the first one. This one was recorded days after the Bitcoin Law went into effect in El Salvador, so the information might feel a little dated. Especially if you’ve been following Bitcoinist’s coverage of the ELSL story...

May 30 2022

Why Did Francophone Bitcoiners Met With Central African Republic’s Authorities?

Last month, the Central African Republic surprised the world by making bitcoin legal tender. As it happened with El Salvador, Bitcoiners from around the world jumped to support the project. On May 22nd, a French-speaking bitcoin- heavy delegation of sorts landed in...

May 26 2022

Stripe And Primer Go Lightning: New Bitcoin Payment Solutions Via OpenNode

The future is now. Both Stripe and Primer joined forces with OpenNode for separate payment solutions. The Stripe App will allow companies to “instantly convert any amount of...

May 24 2022

Let’s Dissect The “Follow The Money #1” Documentary, Pt. 1- Salvadoran Confusion

In “Follow The Money,” the What Bitcoin Did team goes deep. The podcast is already a part of the El Salvador story, with its host Peter McCormack being the first to interview President Bukele after the Bitcoin Law’s announcement. In this new documentary,...

May 03 2022

The Female Bitcoin Awakening: Why The Gender Gap Is Closing

Previous studies about Bitcoin acceptance claim a significant gender gap problem, but a new research by Spiral sheds light on a shifting reality that might turn into a more hopeful future for equal financial literacy. How Women Worldwide View Bitcoin The global study collected data from "24 women who work in the bitcoin and crypto field"; 17 women...

Let’s Analyze The Actual Text From The Central African Republic’s Bitcoin Law

As it turns out, it’s a Bitcoin Law after all. The full text from the Central African Republic’s law that makes bitcoin legal tender is finally out, clearing all kinds of doubts and questions the world had. And creating new ones. Bitcoinist already told you most of...

Apr 28 2022

The Central African Republic Actually Adopted Bitcoin. What Else Do We Know?

Incredible. As it turns out, the Central African Republic is the second country in the world to adopt bitcoin as legal tender. An official press release from the president’s chief of staff, Obed Namsio, confirms the news. The document surfaced on the country’s...

Apr 25 2022

Did The Central African Republic Adopt Bitcoin As Legal Tender? Here’s The 411

As it turns out, the Central African Republic did not adopt bitcoin as legal tender. Yesterday, a Forbes Monaco article took the bitcoin world by storm. It said an African country had followed El Salvador’s footsteps and...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: