Dubai Café Accepts Cryptocurrency as Payment, Owner Hints at Paying Employee ...
Bake N More, a Dubai-based cafe, has become the latest company from the region to add cryptocurrency as a payment option. According to the company’s owner, Mohammad Al Hammadi, Bake N More hinted at possible plans to pay employee salaries in cryptocurrency as well. A Hub for Crypto Users in UAE A Dubai-based cafe, Bake N More, has become the latest company to add cryptocurrency as another payment option available to customers. Despite taking this step, Bake N More will nonetheless continue to accept cash and credit card payments, the owner said. According to....
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A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues trade and other licenses as well as processes visas. The entity also leases office space to its customers on-board the Queen Elizabeth 2 cruise liner anchored at Port Rashid in Dubai. Payments for these and other services can now be made in bitcoin (BTC), the Gulf News reported on Feb. 16. Tasawar....
Rather than paying for the cryptocurrency through legal means, he asked for customer passwords to check the bitcoin balances in question. Bitcoin scams can be found all over the world these days. The allure of cryptocurrency opens the door for criminals looking to take other people’s money. One such scam was recently unveiled in Dubai, as three Gulf residents lost over US$100,000 in Bitcoin. The Asian conman behind this scam has been arrested after a sting operation. Buying and selling Bitcoin in Dubai is often done in a peer-to-peer manner. It is very common for interested traders to buy....
A school in Dubai has announced that it will be accepting cryptocurrencies such as Bitcoin and Ethereum as payment. Dubai is a city that has continued to introduce new and favorable laws regarding cryptocurrency and as a result, has seen the adoption of digital assets rise in recent times. The Dubai school which is scheduled […]
Dubai hotel, The Manor Hotel by JA is now accepting crypto payments. After their partnership with Binance, now guests can use Binance coin (BNB), Bitcoin (BTC) or Ethereum (ETH) to pay for the hotel fare. The hotel has joined the payment gateway which is managed by Binance to facilitate these asset payments. This crypto payment […]
The purest form of organic growth for bitcoin is each time a merchant begins accepting the currency. The process of accepting bitcoin should be memorialized every time it occurs. Here is the story from CartridgeWorld, a printer supply store in Greece: Hi guys, I would like to announce you that our central shop in the city of Thessaloniki, now accepts Bitcoins for payment. There are four shops in the town so we want to "beta test" the whole concept before we introduce this type of payment to the other shops in our town and furthermore to all other cities in Greece. So if you like to refill....