Bitcoin’s drawbacks and advantages were discussed during Paypal’s TechXploration speaker series in Town Hall auditorium, San Jose (CA).
Microsoft is now accepting Bitcoin as a payment option to buy apps, games, and other products for Windows, Windows Phone, and Xbox. Check the Coinspeaker’s list of 10 other large websites now accepting bitcoin, along with each company’s Alexa Global Rank, indicating their Web traffic ranking.
CoinJar is moving its headquarters to the UK to take advantage of a more favourable regulatory regime.
Former PayPal employee, Ken Miller, has analyzed the benefits of bitcoin integration by PayPal and compared the payment service provider and the digital currency.
Jean-Baptiste Graftieaux, PayPal CCO, left his position at the global payments company to move to Bitstamp.
Bitcoin integration will help PayPal to study bitcoin merchants behaviour on its e-commerce patform PayPal Payments Hub.
In addition to bitcoin, PayPal made litecoin and dogecoin payments available for its merchants through GoCoin payment processor.
Bitcoin rose to its highest level since September 18th, following PayPal’s announcement about bitcoin integration.
PayPal has announced partnerships with three major payment processors in the bitcoin space – BitPay, Coinbase and GoCoin.
A subsidiary of PayPal, Braintree, announced it will soon allow its users to pay with bitcoin.