Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell W...
Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there are thousands of merchants worldwide that accept bitcoin cash (BCH) for goods and services. Moreover, if one was to visit the Reddit forum r/btc, they would notice a great deal of posts highlighting....
Related News
Cryptocurrencies have been getting quite popular in the Caribbean region and in Antigua and Barbuda, the island has seen significant growth. Crypto adoption has been on the rise in the island country and just recently, a regional news report detailed that more than 40 major businesses are accepting bitcoin cash for goods and services. During the last few years, a myriad of Caribbean-based island nations are getting into digital currencies. Many Caribbean regions such as Nevis & St Kitts, Bermuda, Barbados, the Cayman Islands, and Antigua and Barbuda have become hotspots for blockchain....
Overstock announced a strategic investment in Bitt, a Caribbean-based fintech company whose goal is to persuade Caribbean island nations to adopt digital national currencies. The investment was announced at a media conference in Barbados hosted by Avatar Capital, which invested in Bitt, and attended by representatives from both Bitt and Overstock. Politicians and dignitaries from various Caribbean nations attended. “A major impediment to economic advancement around the world is the fact that the vast majority of humans are unbanked,” said Overstock CEO Patrick M. Byrne. “Yet mobile....
The country’s prime minister says it is considering introducing Bitcoin Cash on a legal basis, despite being within the territory of the pioneering CBDC DCash. The Caribbean nation of St. Kitts and Nevis may declare Bitcoin Cash (BCH) legal tender by March 2023. Prime Minister Terrance Drew made that announcement while he spoke at the Bitcoin Cash 2022 conference in St. Kitts on Nov. 12.St. Kitts and Nevis is a member of the Eastern Caribbean Central Bank and part of the ECCB’s DCash central bank digital currency (CBDC) program, which was launched in March 2019. “Our nation has always been....
But there is more, as Caricoin allows users to pay for goods and services sold by thousands of online retailers. When looking at things from a broader perspective, there are quite a few digital currency initiatives in circulation already. Caricoin, a project that has not made any headlines outside of the Caribbean, has been pretty successful so far. This Bitcoin wallet solution tailored specifically to the needs of Caribbean users and enterprises helps push Bitcoin adoption n that part of the world to new heights. What makes the Caricoin solution so appealing is how it can be set up by....
All the new app needs to do now is to integrate Bitcoin payments, which seem to be gaining traction in The Caribbean as of late. Exciting things are happening on The Caribbean. As Bitcoin adoption seems to thrive in the region, online shopping is becoming a new point of focus. CaribShopper, a company with markets in 16 countries, has partnered with eBay to create a new application. Caribbean shoppers can now purchase items off the auction website through the eBay powered by CaribShopper app. Although many people overlook the Caribbean when it comes to finance and payments, the region is....