Spain’s Largest Telecom Company Telefónica Now Accepts Bitcoin, Crypto Payments
Telefónica partnered with Spain’s largest bitcoin exchange Bit2me to enable the new feature on its online tech marketplace.Spain's largest telecommunications company is now accepting bitcoin and cryptocurrencies as payment on its ecommerce store. Telefónica partnered with Bit2Me, the largest cryptocurrency exchange in the country, to facilitate real time payment conversion into euros. The telecom has also reportedly invested in Bit2Me, and further details will be released in the upcoming weeks.Telefónica, the largest telecommunications company in Spain, now accepts bitcoin and....
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Telecom company Telefónica enabled payments with Bitcoin, Ether and other crypto for its online marketplace Tu. With crypto adoption moving forward in various parts of the world, Spain continues to encounter major developments in its local blockchain space as its largest telecom services provider dives deeper into Web3 technologies. Telefónica, the multinational telecom company based in Madrid, Spain, has enabled payments with cryptocurrencies like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USD Coin (USDC) and many others on its online tech marketplace called Tu. The firm integrated a....
Telefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit of $490.
Telefonica Invests in Cryptocurrency Exchange Bit2me
Telefonica, the fourth-largest telecom company in Europe, has decided to tackle the cryptocurrency business. The company announced an investment in Bit2me, a Spain-based....
Written by: James Choi (8BTC). Edited By: Elizabeth T. Ploshay (Bitcoin Magazine). Jiangsu Telecom, a branch of China Telecom, the largest fixed line service and 3rd largest mobile telecommunication provider in China, recently announced its decision to accept Bitcoin for one of its promotion campaigns. Bitcoin has been in the spotlight these days in China. With its soaring price and full coverage by CCTV, China's state broadcaster, Bitcoin has drawn abundant attention in the world's 2nd largest economy. Although there is no official statement from the government about the legal status of....
Telecommunications provider Perseus Telecom will be accepting payments in bitcoin, according to various reports making their rounds on the web today. "Bitcoin is a valuable digital asset and form of payment," said Dr. Jock Percy, the company's CEO. Perseus Telecom's interest in bitcoin reportedly came about when online gaming services that utilize the company's bandwidth had requested to pay in bitcoin. "They reached out to us and a couple of them said, 'we would like to pay in bitcoin because it's the currency of our user base,'" said Dr. Percy. The telecom is working with GoCoin to make....
China telecom subsidiary Jiangsu Telecom (based on the eastern coast of the country) has posted up a promotion on their website for the pre-order of a Samsung Android device that will be released in 2014. The move appears to be an experiment of some sort, and payments are being processed via BitBill, China's version of BitPay. This is huge news in the realm of Bitcoin businesses for the fact that when major companies recognize the power of Bitcoin, it tends to send a message to other businesses. Whether or not accepting Bitcoins to pay monthly subscriptions is yet to be seen. For now,....