Bitcoin Payments

Iran

Iran Is Ripe for Bitcoin Adoption, Even as Government Clamps Down on Mining

Sandali HandagamaSep 24, 2020

Iran is regulating bitcoin mining with an iron fist. But as U.S. sanctions and the pandemic put pressure on the economy, Iranians are seriously considering bitcoin as an alternative to the falling rial.

Japan

On bitFlyer Japan, Bitcoin Rewards Program Hits New Record

Sandali HandagamaSep 18, 2020

A report shared with CoinDesk Japan revealed the number of bitFlyer users exchanging loyalty points for bitcoin hit a record high in August.

Crime

Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Turns Tipster

Danny NelsonSep 25, 2020

The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.

Lightning Network

Another Bitcoin Lightning Startup Is Working With Visa to ‘Fast Track’ Card Payments

Alyssa HertigAug 25, 2020

With help from the Visa Fast Track program, LastBit will let users make any purchase with bitcoin, without needing the merchant to actively accept it.

Bitcoin Payments

Coca-Cola Distributor Offers Bitcoin Payment Options for Aussie Vending Machines

Sandali HandagamaJun 11, 2020

More than 2,000 vending machines in Australia and New Zealand will let customers purchase Coke products using bitcoin.

Bitcoin Payments

Coronavirus

Bitcoin Shopping Gets a Boost From Social Distancing

Daniel Kuhn

State-imposed quarantines and policies set to work-from-home are boosting bitcoin-based shopping.

Payments

Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay

Leigh Cuen

Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips.

Switzerland

5-Star Swiss Hotel Set to Accept Bitcoin Payments

Yogita Khatri

The Dolder Grand, a five-star hotel in Switzerland, will start accepting bitcoin payments from next month.

Tim Draper

Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode

Yogita Khatri

U.S.-based venture capitalist Tim Draper has invested $1.25 million in OpenNode, a bitcoin-only payments processing startup.

Payments

Square Books Small Profit for First Quarter of Bitcoin Sales

Nikhilesh De

Square made $34.1 million in Q1 revenue through bitcoin sales, according to an SEC filing.

China

Bitcoin Merchant Adoption Might Just Be Accelerating In Asia

Leigh Cuen

Luxury brand Bellatorra Skin Care reports hot demand for crypto payments from both wholesale and retail customers as it expands into China and India.

Payments

Square Adds Bitcoin Buying for More Cash App Users

Nikhilesh De

Digital payments company Square has rolled bitcoin payments out to most of its Cash App users.

Payments

Japanese Electronics Retail Giant Launches Bitcoin Payments

Sujha Sundararajan

Major Japanese electronics retailer Yamada Denki is partnering with the BitFlyer exchange to trial bitcoin payment in two of its stores.

Payments

Payment Processor Stripe to End Support for Bitcoin

Nikhilesh De

Payments processor Stripe announced it would end support for bitcoin in April, citing rising transaction costs and times as two reasons for the move.

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