Despite their falling prices, bitcoin and its altcoin cousins are just as popular as ever, it seems. Many organizations in foreign nations, including Cielo in Brazil and Bitwala in Europe, are looking to make it easier for customers to get their fingers on digital currencies for payments and investment purposes.
Cielo and Bitwala Are Doing their “Bitcoin Best”
Cielo is a payment processing firm stationed in Brazil, a country that presently houses more than 200 million people. The company announced its support for bitcoin and other digital assets through a press release, stating that customers can now make bitcoin purchases through the enterprise’s “point-of-sale devices” by creating respective accounts with any of its network partners. These devices then develop special QR codes which customers can scan using any partner-based apps.
Towards the end of the year, customers will be able to purchase cryptocurrencies through Cielo, a first for the company and for many individuals in Brazil. The crypto presence within the South American nation has been growing steadily over the years, and Cielo is about to increase that presence tenfold. Bitcoin has long been popular within Brazil’s borders, with platforms such as O Globo reporting that many people are more invested in bitcoin then they are in standard stock shares.
Last February, the country’s largest bank announced that it was looking to raise $15 million for a new digital token it had developed. Read More at LiveBitcoinNews...