Cryptocurrency News

Shopify Bitcoin payments integration triggers legal questions from the community

04/08/2022

Less than a minute

2022.04.08 15:23

Shopify Bitcoin payments integration triggers legal questions from the community

Following the announced integration of the payment app Strike with e-commerce platform Shopify (NYSE:SHOP) to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move.

Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC without the need to go through the know-your-customer (KYC) process.

04/08/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,743.06 2.36%

Ethereum (ETH) $ 3,857.51 3.76%

XRP (XRP) $ 2.54 5.20%

Tether (USDT) $ 0.999929 0.02%

BNB (BNB) $ 715.15 1.23%

Solana (SOL) $ 216.90 3.00%

Dogecoin (DOGE) $ 0.384244 5.95%

USDC (USDC) $ 0.999384 0.04%

Lido Staked Ether (STETH) $ 3,851.68 3.76%

Cardano (ADA) $ 1.03 6.58%

TRON (TRX) $ 0.272048 7.67%

Avalanche (AVAX) $ 46.41 8.42%

Chainlink (LINK) $ 27.10 4.96%

Wrapped stETH (WSTETH) $ 4,584.94 3.45%

Shiba Inu (SHIB) $ 0.000026 6.31%

the-open-network

Toncoin (TON) $ 5.69 6.41%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,506.00 2.27%

Sui (SUI) $ 4.53 5.93%

Stellar (XLM) $ 0.432416 3.79%

Polkadot (DOT) $ 8.22 7.59%

hedera-hashgraph

Hedera (HBAR) $ 0.295118 1.26%

WETH (WETH) $ 3,862.81 3.61%

Bitcoin Cash (BCH) $ 522.82 3.42%

Uniswap (UNI) $ 15.77 3.47%

Pepe (PEPE) $ 0.000021 9.08%

LEO Token (LEO) $ 9.69 0.39%

Litecoin (LTC) $ 117.40 1.38%

Hyperliquid (HYPE) $ 26.45 0.98%

NEAR Protocol (NEAR) $ 6.22 10.93%

Wrapped eETH (WEETH) $ 4,075.02 3.59%

Aptos (APT) $ 12.67 8.17%

Bitget Token (BGB) $ 4.43 13.87%

Ethena USDe (USDE) $ 1.00 0.04%

internet-computer

Internet Computer (ICP) $ 11.88 6.66%

Aave (AAVE) $ 368.72 1.04%

USDS (USDS) $ 1.00 0.03%

crypto-com-chain

Cronos (CRO) $ 0.187291 4.85%

Ethereum Classic (ETC) $ 31.50 6.38%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.552563 7.33%

VeChain (VET) $ 0.053832 10.61%

Render (RENDER) $ 8.33 7.12%

Artificial Superintelligence Alliance (FET) $ 1.57 7.36%

Monero (XMR) $ 219.04 0.84%

Mantle (MNT) $ 1.18 4.61%

Arbitrum (ARB) $ 0.928173 7.18%

Bittensor (TAO) $ 524.08 3.42%

MANTRA (OM) $ 4.04 3.77%

Filecoin (FIL) $ 6.07 8.19%

Fantom (FTM) $ 1.29 7.63%

WhiteBIT Coin (WBT) $ 24.98 0.99%