Archive | bitcoin payments

Japan’s Largest Consumer Electronics Chain Trials Bitcoin Payments

Japan’s largest consumer electronics retailer Yamada Denki has partnered with the country’s largest cryptocurrency exchange Bitflyer to trial bitcoin payments. Initially, bitcoin will be accepted at two of Yamada Denki Labi stores in Tokyo, but the company plans to roll out the digital currency payment option nationwide in the future. Also read: Japan’s DMM Bitcoin Exchange […]

St. Moritz Joins Handful of Ski Resorts Accepting Bitcoin

Legendary Swiss ski resort St. Moritz has announced today that they will begin accepting Bitcoin payments for lift passes. The 2017/18 season that has just begun will be the first in which the payment method is trialled. According to Swiss information port SwissInfo, the director of the ski lift company at the resort, Markus Meili […]

Future BitPay Invoices Will Require Payment Protocol Support by Wallet Service Providers

BitPay is the largest online Bitcoin payment processor in the world. The company has introduced some changes over time, which aren’t always appreciated. In a new effort, the company is addressing challenges associated with Bitcoin. The Bitcoin Payment Protocol will soon become mandatory for all transactions. This protocol has been on the company’s roadmap since […]

Russia’s Deputy Finance Minister Moiseev Claims Bitcoin Payments Will be Banned Shortly

Not a week goes by without conflicting reports regarding Russia’s stance on cryptocurrency. The most recent statement by deputy finance minister Alexey Moiseev has the community riled up again. More specifically, he claims cryptocurrency payments will be prohibited in the country soon. That seems a bit strange, considering the country is warming up to Bitcoin. […]