Amazon and Walmart Eye Launch of Their Own Crypto, Details
Per a report from the Wall Street Journal, giants Amazon and Walmart are looking into launching their own digital assets. According to the report, the merchants might issue in-house stablecoins to save billions of dollars on fees and payment transactions. Related Reading: Bitcoin Shows Strength, But Binance Open Interest Divergence Flags Caution The report stated: […]
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Walmart has entered the metaverse with the launch of Walmart Land and Walmart’s Universe of Play on Roblox. The metaverse gaming platform has 52.2 million daily active users and 11.3 billion engagement hours. “Our customers are spending loads of time there,” said a Walmart executive.
Walmart Entering the Metaverse
U.S. retail giant Walmart announced Monday the launch of “Walmart Land” and “Walmart’s Universe of Play” on the metaverse gaming platform Roblox.
The announcement explains that Walmart Land will....
3 weeks ago, I had the pleasure of writing an article I'd dreamed of writing for months and months on end. Gyft Adds Walmart Gift Cards!! Alas, all good things are not meant to last. For the last 3 weeks, Bitcoiners around the country have had the pleasure of buying Walmart gift cards with Bitcoin, receiving 3% back in the form of Gyft points, and in essence spending Bitcoin at Walmart on gas and groceries. Making Bitcoin a cheaper option to buy gas has been a long standing dream of the Bitcoin community, this was the first step towards realizing that dream and said step has now been....
The New York State Department of Financial Services (NYDFS) has today made public over 3,700 comments it received regarding its BitLicense proposal. The move provides new insight into the organisations and individuals that have taken an interest in the proposed regulation. Perhaps most notably, the full release included submissions from some of the largest businesses in the US, including e-commerce giant Amazon, retail juggernaut Walmart and global remittance specialist Western Union. The filings suggest that the BitLicense is being interpreted broadly by the legal representatives of these....
One of the most convenient ways to convert Bitcoin into something consumers can use in real life comes in the form of Gyft.com. This website is specialized in selling popular brand gift cards – such as eBay, Amazon, Target, and others – in exchange for Bitcoin. It has taken some time, but Walmart cards are now once again available for purchase on the platform. In the United States, Walmart has become a household name over the years, especially where grocery shopping is concerned. As one of the go-to places for US consumers, having the option to buy Walmart gift cards with Bitcoin is an....
Earlier today, NYDFS Ben Lawsky posted to Twitter stating that all the BitLicense comments received by the department have been published. All in all, the NYDFS received 3,746 comments from around the world. The vast majority of commentators are individuals are the average length of comments vary greatly. However, some notable large companies also submitted comments to the NYDFS to seek clarification or provide suggestions. Walmart, Amazon, and Western Union are three of the largest companies that have publicly commented on the BitLicense. Despite releasing the comments, Lawsky still has....