Japanese retailer Bic Camera accepts Bitcoin in all stores

Bic Camera, a Japanese retailer of electronics, was accepting Bitcoin in a few stores since April 2017, and in December 2017 it announced BTC payments available in all stores  
26 December 2017   824

Bic Camera Inc, a consumer electronics retailer chain which has 41 stores in Japan, was accepting Bitcoin only at certain stores in Tokyo starting from April 2017, with the help of the Japanese bitcoin exchange bitFlyer. The spreading popularity of BTC currency made Bic Camera think of expansion of BTC payments to all the existing stores in summer of 2017, and finally the function was launched.

Bic Camera official website screenshot regarding BitcoinBic Camera official website statement regarding Bitcoin

The biggest amount of yens worth Bitcoin which can be spent at one time is stated to be 300,000.

Previously, we have reported that Idom Inc., one of Japan’s used car automotive groups has partnered with bitFlyer to enable Bitcoin payments across Japan.

At the moment of press, these are the main market parameters of Bitcoin:

  • Average Price: $15 267,70
  • Market Cap: $255 945 814 338
  • 24h Volume: $12 198 400 000

German Exchange to launch Bitcoin Products

Deutsche Boerse, the Frankfurt Stock Exchange holder, is deciding about the providing cryptocurrency products
24 May 2018   77

Reporting in London on Wednesday, at a significant event of the sphere, Jeffrey Tessler (the firm's chief of customers, products and core markets), declared: "We are deep at work with it." Nevertheless, any move into the crypto space from the stock exchange might not be forthcoming fast. When CME Group and Cboe Global Markets both started bitcoin futures trading last December, Tessler further claimed during the event that Deutsche Boerse is "not at the same stage." According to his point of view, the company is attempting to understand the volatility of the bitcoin market first and insuring clients and regulators are "in line" before stepping ahead with any offerings.

Whilst a move into offering bitcoin products is not definite, the exchange has already been active in the blockchain field. Deutsche Boerse unvealed details to CoinDesk about its plan to move the majority of its post-trade services to a blockchain last June. It affirmed at the time that it was interested in building a system, using Hyperledger's open-source Fabric protocol, in order to transfer securities and move commercial bank money, while still undertaking cross-jurisdictional compliance with regulators.

Also, as recently as March, the group declared it wish to deploy a platform for more operative securities lending using R3's Corda blockchain tech.