The popularity of cryptocurrencies has not diminished, and there is news about another big company embracing digital currency nearly every day. Check out some of the significant developments in this field.
Twitch will enable crypto-based payments again
The company has started accepting Bitcoin once again as a mode of payment. The platform that streams video games had earlier enabled its users to use the popular digital currency to pay for their subscription. However, the feature was removed in early 2019, and it appears that Twitch has once again enabled its feature of accepting payments through Bitcoin in some of its markets.
According to Blockonomi, a payments processor called BitPay that converts digital currency into fiat currency will be processing these Bitcoin payments. Although the platform may not receive actual Bitcoin, it is one of the world’s most preferred gaming platforms that have enabled Bitcoin-based payments. It is undoubtedly another big step for mainstream adoption of cryptocurrencies.
It is also imperative to note that Amazon.com owns this gaming platform. Supporters of cryptocurrencies have been looking forward to the likelihood of this e-commerce giant accepting Bitcoin, thus acting as a strong catalyst to trigger the adoption of the digital currency as a powerful legitimate currency. As other companies like Facebook have a strong presence in the crypto arena, several industry watchers feel that Amazon will make a digital currency move very soon.
Possibility of Goldman entering into the crypto space
David Solomon, the Chief Executive Officer of Goldman Sachs, is of the opinion that the high-profile investment bank might come up with its own digital currency similar to JPMCoin – a cryptocurrency that has been launched by JPMorgan. He also added in an interview that the investment bank might play a part in the disruption of conventional financial systems through cryptocurrency initiatives.
Gedi is passionate about fast cars, video production, travels and the Internet. He has years of experience working as User Interface Engineer with a demonstrated history of working in the information services industry. Skilled in Web Applications, NodeJS, React, Redux and UI. Growing interest in Bitcoin and cryptocurrencies, he joined TheDailyCoins as a writer.