Category: Adoption

Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin

The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland AXA has announced it is the first all-lines insurer in the country […]

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More Major Corporations Intent on Driving Mainstream Adoption of Cryptocurrencies

Many of us are familiar with the phrase, money doesn’t grow on trees. But, it certainly seems to be growing in cyberspace as we see more high profile companies tapping into the world of digital currency. For instance, last month saw PayPal Holdings, Inc. launching “Checkout With Crypto” in hopes of continuing mainstream adoption of cryptocurrencies. […]

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Scottish Music School Now Supports Crypto Payments for Tuition

On March 28, the Scottish school in Edinburgh called the Morningside School of Music decided to accept cryptocurrency payments for tuition. Morningside’s director Linda Boyd said the school had noticed the trend of larger firms joining the crypto economy and it’s “just a matter of time before smaller businesses like ours start doing the same,” […]

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Report: Covid-19 Caused 50% of Adults Aged Between 35 and 44 to Embrace Cryptocurrencies

A new study, which was undertaken by the Slovakian internet security company Eset, finds 50% of 35 to 44-year-olds have become involved in cryptocurrencies since the pandemic. The figure, the highest for any age group, underscores the role Covid-19 restrictions had in forcing citizens from six countries into embracing crypto assets. Changed Habits and Preferences […]

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Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021

Kim Dotcom Says Bitcoin Cash ‘Great for Payments,’ Expects BCH to Cross $3K in 2021

On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year and reach a $3k per unit handle. Megaupload creator, Kim […]

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Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor

Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor

A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor and lecturer in the Department of Economic and Business Organization at the Universitat Internacional de Catalunya in Barcelona (UIC […]

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Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

Airbnb May Consider Crypto & Blockchain, According to IPO Prospectus

Considered to be one of the most anticipated IPOs of the year that found itself, like everything else, waylaid by the developments of the COVID-19 pandemic, Airbnb’s new IPO prospectus seems to entail provisions for cryptocurrency and blockchain, a field it has not delved into before. Submitted to the US Securities and Exchange Commission (SEC) […]

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US PayPal Users Can Now Trade Cryptocurrency on Platform

US PayPal Users Can Now Trade Cryptocurrency on Platform

A new service from PayPal allows its customers to buy, hold and sell cryptocurrency directly from their PayPal account. PayPal has announced the official launch of Bitcoin buying, selling and trading on its platform for US customers only. Having revealed its plans to integrate cryptocurrency payments only last month, PayPal has worked swiftly to make […]

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Iran’s Bitcoin Miners Can Now Sell BTC to the Government to Fund Imports

Iran’s Bitcoin Miners Can Now Sell BTC to the Government to Fund Imports

According to the Iran Daily, the Central Bank of Iran (CBI) and Ministry of Energy have put forth a joint proposal and law amendment which would see the use of cryptocurrency and Bitcoin in particular, to fund imports from other countries. Under this new arrangement, miners will sell their mined Bitcoin or other crypto under […]

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