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Showing posts with the label Bitcoin acceptance

Lamassu Adds Bitcoin Cash Giving BCH More ATM Support

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Bitcoin cash has been gaining more support from within the automated teller machine ecosystem after a few companies revealed the digital asset would be integrated into their machine’s software. Now, this past week the bitcoin cash (BCH) community got more infrastructure endorsement from the ATM manufacturer  Lamassu  as the firm announced BCH support has been implemented into their machines. Lamassu ATM Manufacturer Announces Bitcoin Cash Support This week the well-known bitcoin ATM manufacturer, Lamassu, announced to its Twitter followers that bitcoin cash functionality is now available. Lamassu was founded by two brothers named Zach and Josh Harvey back in 2013. According to the company’s  geolocation map , there are roughly 268 Lamassu machines spread all over the world. The founders felt that cryptocurrency wasn’t easy to obtain so they built a prototype so people can acquire bitcoin through an automated machine. Now bitcoin cash supporters can obtain BCH via...

Gold Dealer APMEX Now Accepting Bitcoin, Cites Customer Desire for Anonymity

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It’s now possible to buy real  gold  with  digital gold , should customers desire, according to an announcement from APMEX. According to the post, the company has integrated with  BitPay  merchant services and is now able to receive digital currencies, with buyers receiving the 4% discount usually reserved only for cash payments. The post continues by explaining why Bitcoin is a good integration for the company, saying: "Buyers can make purchases with Bitcoin at any time, from nearly anywhere, just as with most credit cards. International orders become significantly easier as cryptocurrency like Bitcoin is accepted worldwide without conversion. Also, many customers prefer Bitcoin payment because of the anonymity offered by a Blockchain purchase.” Gold or digital gold While the site offers crypto holders the chance to diversify into precious metals, many in the crypto world have already seen the price of Bitcoin investments explode over the past w...

Private Airline Surf Air Accepts Bitcoin and Ethereum

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The “all-you-can-fly” regional airline Surf Air has started accepting the cryptocurrencies  Bitcoin and  Ethereum  as payment for its monthly membership and charter services. Under its plan, the private airline will allow its customers to pay for their seats using either virtual currency through a mobile app. According to the airline’s Chairman and Chief Executive Officer (CEO),  Sudhin Shahani , the disruptive and progressive technologies like Bitcoin and Ethereum complement their vision of changing the way the world sources, purchases, and accesses air travel. "Surf Air was built on the idea of disrupting and changing the way the world sources, purchases and accesses air travel so it only makes sense that we would also be on the cutting-edge of accepting disruptive and progressive forms of payment such as Bitcoin and Ethereum. Similarly, Bitcoin users are a tremendously motivated community of early adopters. By creating connective tissue between these f...

Ukrainian Shipping Company Plans to Accept Bitcoin as Payments to Avoid Sanctions

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Ukraine-based shipping firm Varamar Ltd. is reportedly planning to accept  Bitcoin  as a method of payment in order to bypass sanctions being imposed on certain countries where companies want to do business with the shipper. By using Bitcoin, the firm will avoid the voluminous amount of paperwork related to international payments, as well as lower fees for all parties involved in the transactions. According to the firm’s founder Alexander Varvarenko, the  use of Bitcoin  facilitates the conduct of business with their customers in countries where sanctions are being imposed, as well as reduces the paperwork of the transactions. “Paperwork for transactions is a complicated issue with banks, and Bitcoin payments will help solve that by being faster. It could also help solve payment problems in countries like Pakistan, Russia, Sudan, Yemen and Qatar, which have safe companies but are victims of sanctions being imposed against their governments.” Benefits...

CME Rival Cboe Suggests its Coming Futures Market Would Include Bitcoin Cash

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Bitcoin Cash (BCH) only months old is being floated as a possible addition to a futures offering family by  Cboe Global Markets  (Cboe). Cboe is looking to differentiate itself from a growing chorus of rivals as it prepares to launch futures contracts by year’s end.  Bitcoin Cash Could be Family December 2017 began with a giant  announcement . Release pr7654-17 from the Commodity Futures Trading Commission (CFTC), titled  CFTC Statement on Self-Certification of Bitcoin Products by CME, CFE and Cantor Exchange , began, “Today, the Chicago Mercantile Exchange Inc. (CME) and the CBOE Futures Exchange (CFE) self-certified new contracts for bitcoin futures products.” In financial-speak that means legacy institutions are cleared to enter the cryptocurrency ecosystem. Classic bureaucrat understatement reminded the public of the regulator’s burden: “Bitcoin, a virtual currency, is a commodity unlike any the Commission has dealt with in the past,” the...

McDonalds to accept Bitcoin by 2018

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Recent news around Bitcoin could be very tasty for fast food lovers! Betting giants Betway have released odds for people to take on the cryptocurrency being accepted by McDonalds by next year. It seems that the sharp rise in the price and mainstream popularity of the cryptocurrency has led to a real feeling that the fast food giants will accept it as a payment method soon. Currently, the betting is 1/2 and this could see many people taking the wager with odds so short. It’s not only McDonalds that may accept Bitcoin What is more amazing is that Betway has not only limited the odds it is offering on Bitcoin becoming an accepted payment method to McDonalds. Retail stalwarts Argos are in at 4/5 to begin accepting Bitcoin payments by late 2018, while travel giants British Airways are currently showing as 1/3 to do the same. In what would be a major move for them and their customers, the all-conquering Amazon are in the running too, with odds of 6/4 being given by Betway. What is ...