Home » Tag Archives: Purchases

Tag Archives: Purchases

Identity Verification & Cryptocurrency Purchases Streamlined

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Digital ...

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Jimmy Song and Greg Maxwell: Credit Cards Are Better for Purchases Than Bitcoin

Bitcoin Core contributors Jimmy Song and Greg Maxwell encouraged using credit cards over Bitcoin for purchases, highlighting areas for growth for payments-focused cryptocurrencies. In a recent tweet, Song, a Bitcoin Core contributor, encouraged users to employ credit cards for purchases and selling Bitcoin to pay off the bill, rather than use it for the payment directly: If you want to ...

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Crypto Accounts for Less Than 1 Percent of Pornhub Purchases

Canadian adult entertainment giant Pornhub has revealed that less than 1 percent of purchases on the platform are made in cryptocurrencies, Hard Fork reported September 28. Despite the low volume of subscriptions paid with crypto, a Pornhub spokesman told Hard Fork that  “[it] expect[s] to see widespread adoption of crypto[currency] and blockchain on our site in the near future.” Pornhub ...

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Japan’s SBI Holdings | Creating “S coin” for Retail Purchases

Japan’s SBI Holdings just announced that it is testing a cryptocurrency to be used for retail purchases. SBI published the news via a press release on its website this morning. SBI Holdings’ “S Coin” The news showcases SBI’s test for blockchain’s possibilities within the company. The “S coin” used will be a settlement coin that allows users to charge and ...

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Japan’s Financial Services Giant SBI Trials Crypto Token for Retail Purchases

Japan`s financial services giant SBI Holdings is trialing a crypto token that can be used to make retail purchases with users’ smartphones. This was officially confirmed in a news release published September 25. The news release presents the trial as a key litmus test for blockchain’s possibilities and usefulness. SBI also alludes to the pseudonymous developer behind Bitcoin (BTC) Satoshi ...

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. Founded in 2014, Abra is working toward providing users with maximum privacy and control. The application is non-custodial, and the wallet’s ...

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Deutsche Boerse Purchases Minority Share in Blockchain Partner HQLAx

Germany’s joint stock company Deutsche Boerse (DB) has furthered its partnership with blockchain-based liquidity provider HQLAx, making a million euro investment to become a minority shareholder, a press release announces Tuesday, August 28. Deutsche Boerse AG is a German marketplace organizer and transaction services provider which had as much as €3.695 billion ($4.327 billion) in total equity as of 2015. ...

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Bank of Queensland Bans Crypto Purchases Using Home Equity Loans

Australian retail lender Bank of Queensland is updating its borrowers’ loan contracts to keep them from purchasing cryptocurrency using mortgage funds. Brisbane-based Bank of Queensland, a retail bank listed on Australia’s primary stock exchange is discouraging its borrowers from using real-estate mortgages to purchase cryptocurrency after deeming it a high-risk investment, according to the Australian Financial Review. Citing a mortgage ...

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Abra Announces New Credit Card Payment Options for Bitcoin Purchases

Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. Up until today, users who wanted to purchase cryptocurrencies were limited to a few options that included bank deposits and wire transfers. In addition ...

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