Japanese Airline Confirms Future BTC Payment Option In The Works
Peach Aviation, a low-cost airline in Japan, has confirmed that their plan to allow Bitcoin (BTC) as payment is only delayed, not cancelled. Peach Aviation had initially announced in May 2017 that customers would be able to use Bitcoin as a payment method by the end of the year. However, in December 2017, the plan was postponed until March 2018. The airline had partnered with crypto exchange BITpoint Japan for the new BTC payment system as well as for plans to open Bitcoin ATMs at airports around Japan. Japan has recognized Bitcoin as a legal payment method in the country since April 2017. Japanese broadcasting corporation NHK World had published an article last week, which has since been removed , that cited Peach Aviation officials questioning the dependability of cryptocurrency after Japanese crypto exchange Coincheck was hacked for $534 mln in NEM , and in light of recent volatility in th...
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