💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Spanish Telecom Provider Telefónica To Accept Payments In Cryptos

Published 30/09/2022, 15:39
© Reuters.  Spanish Telecom Provider Telefónica To Accept Payments In Cryptos

The biggest telecom provider in Spain, Telefónica, is allowing customers to use cryptocurrencies to make purchases in its technology marketplace.

After introducing a payment option by Bit2Me, the biggest cryptocurrency exchange in Spain, the company enabled cryptocurrency purchases on Tu.com, the crypto company informed CoinDesk.

Telefónica Has Made Investments In Crypto Exchange Bit2Me The exchange also confirmed Telefónica has made an investment in Bit2Me and promised to provide additional information about the investment in the upcoming weeks.

On the Polygon (CRYPTO: MATIC) blockchain, the Spanish telecom operator also owns its own NFT marketplace that is integrated with MetaMask.

Telefónica has finalized agreements with businesses, such as Qualcomm Inc (NASDAQ: NASDAQ:QCOM), with whom it will investigate prospects in the product and service area in the metaverse.

Photo: Tatohra via Shutterstock

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.