Bank of England Governor Andrew Bailey and a Bitcoin logo

Bank of England Governor Slams Bitcoin as Inefficient Payment Method

In a blunt assessment, Bank of England Governor Andrew Bailey poured cold water on Bitcoin’s ambitions as a mainstream payment method, declaring it “not taking off” due to its inherent inefficiency. His comments reignite the debate about Bitcoin’s viability as a daily transaction currency and highlight the challenges it faces in achieving widespread adoption.

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Mecari banner and Bitcoin logo

Mercari to Accept Bitcoin Payments Through Crypto Unit Melcoin

Japan’s largest online marketplace for second-hand goods will start accepting bitcoin as a payment option from June, tapping into the growing demand for cryptocurrencies in the country.

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