Spanish company Telefónica begins accepting cryptocurrency
The activation of crypto payments was made possible by the Bit2Me exchange, in which Telefónica invested

30.09.2022 - 08:15
327
1 min
0
What’s new? Telefónica, Spain’s largest telecommunications company, has announced that it will allow the purchase of goods on its technology marketplace with cryptocurrencies. The company has activated the acceptance of digital assets on Tu.com after adding a payment feature provided by Spain’s largest cryptocurrency exchange, Bit2Me, the company’s representatives told CoinDesk.
Information on the CoinDesk website
What else does Telefónica do? The company was founded in 1924 and is headquartered in Madrid. The company is the 8th largest telecommunications company in the world, serving 325 million subscribers. It has invested in Bit2Me, adding that more information will be released in the coming weeks. Telefónica also has its own NFT marketplace on the Polygon blockchain, integrated with MetaMask. Telefónica has announced a partnership with chip maker Qualcomm to explore joint commercial opportunities of metaverses.
In May, it became known that Dubai airline Emirates would start accepting bitcoin payments. The airline will also add the ability to trade NFTs on its websites and begin developing a metaverse. Also, fashion house Balenciaga announced that it would begin accepting cryptocurrency payments at its flagship stores in the United States. The brand will accept bitcoin and Ethereum as payment at select locations, including branches on Madison Avenue in New York City and Rodeo Drive in Beverly Hills, as well as at its online store.
Useful material?
Incidents
We talk about how the events with the collapsed cryptocurrency developed and how the head of Argentina contributed to it
Feb 17, 2025
Market
Once the SEC confirms, the filing will be published in the Federal Register, which will initiate the approval process
Feb 11, 2025
Market
Analysts at JPMorgan Bank believe the asset will continue to face pressure amid growing competition
Feb 6, 2025
Market
The hacker used the account to promote MEOW and DCOIN scam tokens
Feb 6, 2025
Market
The company’s operating expenses rose 693% year-over-year to $1,103 billion
Feb 6, 2025
Crypto regulations
Group head Hester Peirce criticized the regulatory approach formed by former chairman Gary Gensler
Feb 5, 2025