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Where to Spend Bitcoin: A Global Overview From Ljubljana to Zurich

Analysis There’s no easy way to buy, send or spend cryptocurrency in person — not even for a slice of pizza or a cup of coffee, or so it’s been said. Meanwhile, the number of physical merchant locations that accept crypto payments keeps growing. As of late October 2019, 15,558 business venues worl..

Visa, EBay, Stripe and Mastercard Abandon Facebook’s Libra Project

News Visa, EBay, Stripe and Mastercard have all announced that they are dropping out of Facebook’s Libra Association and its associated stablecoin project. Four companies abandon shipOn Oct. 11, Bloomberg reported that Ebay, Stripe and Mastercard had decided to drop out of Facebook’s Libra cryptoc..

Facebook’s Libra Backers Fear It Could Taint Their Image Among Regulators

News Visa, Mastercard, PayPal and Stripe are unsure whether they wish to become paid-up participants in Facebook’s Libra digital currency. As Bloomberg reported on Oct. 2 citing “people familiar with the matter,” the four payment giants have reservations about the plans. Sources: Facebook “overso..

Payments Processor Stripe Launches Lending Service for Online Companies

News Online payments processor Stripe announced the launch of its lending service Stripe Capital for the internet businesses in the United States. On Sept. 5, Stripe announced the launch in a blog post, noting that — once approved — access to funds is usually granted on the next day. The press rel..

South African Payment Gateway Drops BTC Over Fees and Network Congestion

On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G..