{"id":30694,"date":"2022-10-01T14:25:22","date_gmt":"2022-10-01T14:25:22","guid":{"rendered":"http:\/\/egrowonline.com\/?p=30694"},"modified":"2022-10-01T14:25:22","modified_gmt":"2022-10-01T14:25:22","slug":"spanish-telecom-giant-telefonica-embraces-bitcoin-payments","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=30694","title":{"rendered":"Spanish Telecom Giant Telefonica Embraces Bitcoin Payments"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>One of the largest telephone operators and mobile network providers in Spain \u2013 Telefonica \u2013 partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets.<\/p>\n<p>Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company \u2013 Vueling \u2013 said travelers will be able to purchase flight tickets in bitcoin and other assets from January 2023.<\/p>\n<h2>Telefonica Says \u2018Yes\u2019 to Crypto<\/h2>\n<p>The Madrid-based corporation <a target=\"_blank\" href=\"https:\/\/www.tu.com\/pages\/criptomonedas\" data-wpel-link=\"external\" rel=\"noopener\">allowed<\/a> customers to settle bills in several cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Circle\u2019s stablecoin USDC, and others on its online marketplace named Tu.<\/p>\n<p>To enable the crypto payments, Telefonica joined forces with the Spanish digital asset platform Bit2Me, which provided the infrastructure and will oversee the transactions.<\/p>\n<p>The news grabbed the attention of the Chief Executive Officer of Binance \u2013 Changpeng Zhao (CZ) \u2013 since he shared it on his personal Twitter account.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Spain\u2019s largest telecom company now accepts crypto payments.<\/p>\n<p>\u2014 CZ &#x1f536; Binance (@cz_binance) <a target=\"_blank\" href=\"https:\/\/twitter.com\/cz_binance\/status\/1575743748394299393?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" rel=\"noopener\">September 30, 2022<\/a><\/p>\n<\/blockquote>\n<p>It is worth noting that his company recently expanded its presence in the Spanish market. Two months ago, Binance\u2019s subsidiary \u2013 Moon Tech Spain \u2013 <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/binance-receives-approval-to-launch-a-virtual-asset-services-provider-in-spain\/\" data-wpel-link=\"internal\" rel=\"noopener\">received<\/a> regulatory approval to register as a Virtual Asset Services Provider (VASP) in the European country.<\/p>\n<blockquote>\n<p>\u201cMoonTech\u2019s registration in Spain is an acknowledgment of the hard work and commitment of our teams to providing a platform that places users\u2019 protection above all else,\u201d Zhao said back then.<\/p>\n<\/blockquote>\n<h2>Vueling Also Jumped on the Bandwagon<\/h2>\n<p>Another prominent Spanish firm that <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/spanish-airline-giant-vueling-embraces-crypto-as-a-payment-method\/\" data-wpel-link=\"internal\" rel=\"noopener\">joined<\/a> crypto\u2019s ecosystem in the past few months is the Barcelona-based airline Vueling.<\/p>\n<p>In June, it collaborated with BitPay to allow clients to buy tickets in 13 different digital assets, such as Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), Shiba Inu (SHIB), and others.<\/p>\n<p>The move is expected to see the light of day at the beginning of 2023, which would turn Vueling into the first low-cost airline in Europe to embrace cryptocurrencies as a payment method.<\/p>\n<p>BitPay\u2019s Vice President of Marketing \u2013 Merrick Theobald \u2013 said the Spanish firm \u201crecognizes the potential of cryptocurrencies to transform the airline industry, making payments faster, more secure, and less expensive on a global scale.\u201d<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" rel=\"nofollow noopener\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\" rel=\"noopener\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" rel=\"nofollow noopener\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter POTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/spanish-telecom-giant-telefonica-embraces-bitcoin-payments\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the largest telephone operators and mobile network providers in Spain \u2013 Telefonica \u2013 partnered with the crypto exchange Bit2Me to allow clients to pay for services in digital assets. Cryptocurrency adoption seems to be on a high level in the Iberian country. A few months ago, the leading airline company \u2013 Vueling \u2013 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30695,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[43],"tags":[50,6230,127,120,7885,4695,11530],"class_list":["post-30694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-bitcoin","tag-embraces","tag-giant","tag-payments","tag-spanish","tag-telecom","tag-telefonica"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/10\/Spain.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/30694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30694"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/30694\/revisions"}],"predecessor-version":[{"id":30696,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/30694\/revisions\/30696"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/30695"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30694"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}