BTC payments coming to certain Quiznos shops, thanks to Bakkt collaboration

BTC payments coming to certain Quiznos shops, thanks to Bakkt collaboration

An upcoming collaboration between Bakkt and Quiznos will allow customers to pay for meals at certain locations with Bitcoin (BTC).Customers will be able to pay in BTC at certain Quiznos shops in Colorado’s capital as part of an initial test run, according to a public statement on Tuesday. “The pilot will be available at select Quiznos locations across the Denver market, including the high-traffic Denver airport location, starting in mid-August,” the statement said. Folks will be able

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Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy

Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy

Bank of America, one of the nation’s largest financial institutions based on total assets, believes El Salvador could have a lot to gain with its latest foray into Bitcoin (BTC).In a report published last week, analysts at the bank said El Salvador’s decision to recognize BTC as legal tender could streamline remittances, promote financial digitization, provide consumers with greater choice and open up the country to American firms and digital currency miners. The bank noted

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Inside El Salvador’s Bitcoin experiment: Cointelegraph video report

Inside El Salvador’s Bitcoin experiment: Cointelegraph video report

Last month, Bitcoin was adopted as legal tender in El Salvador, joining the U.S. dollar.The country’s new Bitcoin Law, which will be enforced starting Sept. 7, will allow Salvadorans to use Bitcoin (BTC) as a currency to purchase goods and services, as well as to pay taxes and debt. El Salvador’s president, Nayib Bukele, has stated that Bitcoin adoption will hugely benefit the 70% of the local population that lacks access to banking services. He

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Amazon plans to accept Bitcoin payments this year, claims insider

Amazon plans to accept Bitcoin payments this year, claims insider

An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to accept Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions. “This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” the

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