Bitcoin News Today TheBitTimes.com

Uber has spearheaded exploration into Bitcoin payments and cryptocurrency integration, with CEO Dara Khosrowshahi confirming the company is actively studying various major stablecoin implementations to reduce international transfer costs. This marks the third time since 2021 that the ride-sharing giant has accelerated interest in crypto adoption, and digital currency payments could revolutionize the high fees associated with cross-border transactions. Also Read: SEC Chair Paul Atkins Eyes ‘Rational’ Bitcoin Rulemaking Shift Ahead How Uber May Boost Crypto Adoption With Stablecoins and Low Fees Source: The Seattle Times Bitcoin Payments Enter Active Study Phase at Uber Right now, Uber’s exploration of Bitcoin payments and cryptocurrency integration has engineered substantial momentum following the Bloomberg Tech Summit on June 5, where Khosrowshahi detailed the company’s current approach across multiple essential business areas. The ride-sharing company has instituted what t...

The co-founder of Aptos (APT) believes that the layer-1 crypto project is on the verge of massive mainstream adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that the speed of the Aptos network makes it a highly attractive blockchain for payments. He also says that Aptos’ new cold storage wallet card designed to hold a user’s digital asset portfolio could make crypto payments more mainstream. “I think in one to two years we would love to see card and mobile wallet penetration increase to greater than 20% of all cardholders or mobile phone devices. That would be something we would be incredibly proud of, and we’re very close to that.” He compares the Aptos project to the early days of technology companies that later became giants in the tech industry. “No different than Facebook grew like wildfire to competitors like TikTok grew like wildfire, we’re right there, rig...

As of today, the Swiss city of Lugano has implemented a policy to accept cryptocurrencies, including Bitcoin and Tether, for the payment of municipal service s and taxes. Lugano’s decision facilitates an automated payment process via the Swiss institutional-grade cryptocurrency platform Bitcoin Suisse. This new system allows citizens and companies to pay for any local service or tax amount in cryptocurrencies. Practical implementation involves using the Swiss QR-bill, which enables payments through mobile wallets and selected cryptocurrencies. You might also like: Swiss city Lugano to accept BTC for taxes, grant $50m to crypto startups This development is part of Lugano’s broader “Plan B” strategy, a collaborative venture with Tether, focusing on using Bitcoin technology to revolutionize the city’s financial infrastructure. Bitcoin Suisse is a crucial technical partner, integrating payment solutions for tax collection and other municipal service s....