Auto Added by WPeMatico

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency on Fiat Dollar According to the announcement, the provider arranged a partnership with Panamanian firm Cryptobuyer, and Simple TV’s landing page is now showing the option to pay via cryptos. Customers could send their payments in bitcoin (BTC), dash (DASH), litecoin (LTC), ethereum (ETH), binance coin (BNB), and binance dollar (BUSD). Also, users…

Continue Reading Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge

Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm Chainalysis released a new study of cryptocurrency usage in Latin American countries based on on-chain data and interviews with experts in the region last week. The study is part of the firm’s Geography of Cryptocurrency Report, due to be released this month. Cryptocurrency adoption in Latin America is driven by factors such as a lack of…

Continue Reading Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge

End of content

No more pages to load