Japanese giant Rakuten has announced its mobile payment app will be released in early March with the app supporting payments in both cryptocurrencies and fiat.
Rakuten is a giant in Japan with it offering all kinds of services online like movie rentals to products, the move will be huge as cryptocurrencies are regularly accepted and spent in both Japan and South Korea this could help Bitcoin out of the bear market.
The move comes after Rakuten bought Japanese crypto-exchange “Everybody’s Bitcoin” in mid-2018 for $2.4 Million, The company already accepts Bitcoin on the American portal of Rakuten.com but this move brings optimism to the air that they will offer cryptocurrencies to their biggest market.
I think the move from Rakuten is amazing and puts the crypto-space in a good place, once the bigger cooperations accept and work alongside Bitcoin the stronger the community will get and become more legitimized.
Check out our brand new crypto merch store!
www.hodlstore.co.uk
Congratulations @andylittle! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit