Starbucks joins NFT party, UK government seeks stablecoin regulations and Cry...
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekStarbucks announces NFT initiative as union-busting controversy continues Nonfungible tokens continue making headlines, with coffee giant Starbucks having recently signaled its intent on joining the NFT party. Sometime before the end of this calendar year, we are going to be in the NFT business, said Starbucks CEO....
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Starbucks is not yet accepting bitcoin for purchases. But customers can use bitcoin to load an app and get a 20 percent discount using the app to pay for purchases at many Starbucks stores. The app, foldapp.com, also plans to include purchases at Target and Whole Foods. The ability to use bitcoin to make purchases through apps and gift cards at major retailers takes bitcoin one step closer to mass consumer acceptance. How it works. Starbucks customers are loading bitcoin onto foldapp. Foldapp then transfers the designated amount from the customer's bitcoin wallet to a virtual Starbucks....
US Bitcoin payment gateway iPayYou has announced direct Starbucks integration for Bitcoin users. Customers using the Starbucks mobile app can now use iPayYou to purchase items directly using Bitcoin with the automated conversion of funds to USD. The tool, dubbed ‘Bitcoin Direct to Starbucks,’ is an extension of the startup’s Black Friday release of Starbucks gift cards for Bitcoin, along with gift cards for other major retailers. CEO: Starbucks integration ‘no-brainer’. IPayYou Founder and CEO Gene Kavner said in a press release: “Integrating with Starbucks was a no-brainer, as the company....
Bitcoin Tips @ Starbucks in Torrance #bitcoin pic.twitter.com/alGm59C58a. - Bit (@BitVenice) January 7, 2014. Here's an interesting tweet I stumbled upon. Seems that there's a Starbucks in Torrance, California that accepts Bitcoin tips. Whether or not the store accepts Bitcoin for the actual purchase is unknown, but it's unlikely since that would probably have to be approved by Starbucks' corporate headquarters. Regardless, it's pretty cool, and it's great to see more places accepting Bitcoin, especially such well-known places like Starbucks.
Bitcoin adoption can only occur once there are enough use cases for everyday consumers to consider it a valid payment method. While people can buy a lot of different goods and services with Bitcoin, it’s not suited for everyday consumers just yet. However, now that Starbucks branches in Hong Kong are accepting Bitcoin, that situation might change sooner rather than later. Starbucks Hong Kong and the Fold Application. One of the most popular brands in the world is Starbucks. Regardless of whether you like or dislike coffee, most of us have visited a Starbucks shop on more than one occasion.....
On September 12, the multinational chain of coffeehouses, Starbucks, announced the firm has partnered with the blockchain project Polygon and unveiled the company’s Web3 technology called Starbucks Odyssey. The Web3 platform Starbucks Odyssey will provide Starbucks rewards members and the company’s U.S. employees with the opportunity to earn non-fungible token (NFT) assets. Coffeehouse Company Announces Web3 Platform Starbucks Odyssey Starbucks has immersed its feet into blockchain, Web3, and NFT technology by revealing a new Web3 application powered by Polygon. “[The]....