Amazing crypto news for all beer lovers, a craft brewery popular in the UK called BrewDog opened a bar in London that accepts the only bitcoin as a method of payment.
The brewery is known for operating a chain of drinking pubs around London and they now opened a new place for both crypto and beer lovers. The bar location is amazing and it overlooks the canal that links the old North and the South Docks that are mostly known for their role in trading.
The brewery says that the pricing of the beer will be based on the movements on the market. Before opening the brewery, Alan Grant and Glenn Burgess were entrepreneurs that created the Reserve BarStock Exchange which is a stock market for booze basically.
In their official statement, BrewDog says that this new bar will be the first of their bars to accept cryptocurrencies so customers can pay their drinks using bitcoin or bitcoin cash. The brewery advised the customers to bring their credit cards and their Equity Punk ID Card that works like a loyalty card so they can later redeem discounts at any other BrewDog bar.
The name of the new bar is Canary Wharf Bar and they will also run a bitcoin cash giveaway so the first 100 attendees will be given a Bitcoin Cash wallet which will be filled from £12 and £100.
Earlier this month, another nightclub opened in Bristol and hosted an event where customers were allowed to pay for their drinks using bitcoin.
This is a clear sign of cryptocurrencies gaining popularity and adoption among people and it’s expected that the adoption rate will only get higher.
Binance Enables Australian Users To Buy BTC At 1,300 Newsstands
‘’Binance Lite is a simple site for users to easily buy bitcoin with cash at physical store fronts. This model makes it really easy to bring new users into crypto, starting with Australia, where the government has taken proactive steps to support the blockchain industry. Users won’t have to open complicated online accounts to start using the service.’’The crypto market in Australia was a little behind than other markets in the world such as South Korea or Singapore because the banks didn’t support the crypto businesses in Australia. Back in 2017, during the strongest crypto rally, reports show that the larger Australian banks closed the accounts on multiple crypto investors. However, starting last year, the government of Australia began its proactive approach in regulating the crypto space and the blockchain industry so the investors are now hopeful that they could improve the market in the long run. Zhou also said that more than $5 billion in crypto was traded in crypto in 2018 in Australia and that since then the government is funding blockchain startups and companies by issuing bonds on the blockchain. The government has also started to accept crypto on airports such as the airport in Brisbane and even held a voting trial on the blockchain. He finished his interview by saying:
“Binance Lite also completes a comprehensive value chain for the Binance ecosystem in Australia. For example, users can show their friends how to buy bitcoin from Binance Lite stores, immediately load it up onto Trust Wallet on their phones, and go on to spend this bitcoin in shops accepting bitcoin payments through TravelbyBit, the payments startup Binance invested in last year.’’
Binance: Australians Can Now Buy Bitcoin With Cash From 1,300+ High-Street Stores
“Binance Lite Australia further expands digital currency adoption by providing easier ways to buy bitcoin. We are excited to continue to roll out more fiat to crypto gateways around the world to support the growth of our industry. We firmly believe that more adoption will lead to more innovation and more economic opportunities.”The account verification will occur on www.binancelite.com - and after that - users can deposit cash at the nearest Newsagent stores to receive crypto within minutes. Binance Lite Australia was designed as simple and easy to use and it sstate-of-the-art order processing technology guarantees maximum safety. Binance recently integrated the credit card payments on Binance.com and launched the fiat-to-cryptocurrency exchange (January 2019) with zero deposit fees - becoming one of the lowest priced exchanges for trading with Euros, British pounds and BTC and ETH. The fiat gateways also included the Binance Uganda, another exchange which supports the trading of Ugandan Shillings for cryptocurrency.
“Australia has been at the forefront of blockchain innovation, and we hope Binance Lite Australia can play a role to help further this cause,” Zhou concluded.
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