Global #cryptocurrency payments

Century-old American retailer Bealls Inc. has embraced digital currency by integrating cryptocurrency payments at over 650 U.S. locations through a partnership with Flexa.

RAK Properties, a major real estate developer in the United Arab Emirates (UAE) with a market value of around $1.3 billion, has announced it will now accept cryptocurrency payments for its international property sales.

According to PANews, the luxury travel industry is increasingly accepting cryptocurrency payments, a shift driven by the demand from young, wealthy entrepreneurs in the crypto space.

Emirates, one of the world's leading international airlines, has announced a significant stride towards mainstream cryptocurrency adoption in the aviation sector, signing a Memorandum of Understanding (MoU) with Crypto.com.

Thailand is considering a significant policy shift by allowing Bitcoin exchange-traded funds (ETFs) to list on local exchanges. This move aims to solidify the country's position as a regional hub for digital assets.

South Korea's Lotte Group, a leading conglomerate, has entered a strategic partnership with Arbitrum to enhance its Caliverse metaverse gaming platform.

Ethereum casinos have emerged as a popular alternative to traditional online gambling platforms, offering a unique blend of security, anonymity, and instant transactions.

​Virgin Voyages, the innovative cruise line, has unveiled its exclusive Annual Pass, a luxury travel experience that caters to the discerning traveler.

Sheetz has announced an exciting extension of its partnership with Flexa, a leading pure-digital payments network, to enable cryptocurrency payments in over 750 locations across multiple states.

In a significant development within the fintech landscape, Stripe is reportedly in advanced discussions to acquire Bridge, a stablecoin payment platform, for a staggering $1 billion.

In a significant move to bolster cryptocurrency accessibility across Africa, Yellow Card, a leading cryptocurrency exchange, has announced a partnership with Alchemy Pay, a global fiat-crypto payment gateway.

As the cryptocurrency market continues to evolve, certain countries are emerging as prime destinations for crypto businesses in 2024. A recent report by Social Capital Markets identifies Dubai, Switzerland, and South Korea as the top three countries, thanks to their legal clarity, favorable tax regimes, and growing acceptance of cryptocurrency payments.