Spain’s largest telecom company Telefónica accepts Bitcoin payments

Spain’s largest telecom company, Telefónica, has joined other companies around the world in accepting crypto payments. Customers will now be able to use Bitcoin (BTC/USD) and other cryptocurrencies to purchase of products on its technology marketplace.

Telefónica activated crypto-enabled purchases on its tech marketplace after adding a Bit2Me payment feature on the marketplace. There was also some revelation about Telefónica investing in the Bit2Me crypto exchange but the details of the investment are expected to be released in the coming weeks.

Besides its latest move to accept Bitcoin and crypto payments, Telefónica also has an NFT marketplace on the Polygon blockchain. The NFT marketplace is currently only integrated with MetaMask. The marketplace was created after the company entered into a partnership with Polygon earlier this year to develop Web3 solutions that allow companies to easily issue non-fungible tokens (NFTs).

Recently, the company signed a deal with Qualcomm Inc (NASDAQ: QCOM) to explore joint commercial metaverse opportunities in the products and services in the metaverse. The deal also included the launch of XR metaverse products and services that took place earlier this week.

According to the officially released statement on Qualcomm’s deal, the agreement:

“Opens the opportunity to deliver new experiences to customers merging the digital and analogue worlds, re-imagining commerce, entertainment, and communication in the Metaverse.”

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Sixth-tier English football league club Oxford City Football Club accepts BTC

The adoption of Bitcoin ((BTC/USD)) in the United Kingdom has gone a notch higher after a sixth-tier English football league club Oxford City Football Club announced that it will start accepting bitcoin payments once the next season starts on August 6.

The announcement was made after Oxford City struct a multi-year partnership with CoinCorner, which is an Isle of Man-based Bitcoin company.

Oxford City fans will be able to buy match day tickets, food, and drinks at Oxford City’s RAW Charging Stadium using bitcoin over the Lightning Network besides the conventional payment methods like cash and credit cards. This makes the club the first National League football club to accept fans to pay for match day tickets using BTC.

In addition, the back of the shirts of Oxford City football players will have a BTC logo.

Following the partnership between Oxford City Football Club and CoinCorner, CoinCorner will be a back-of-shirt sponsor for the football club.

Besides “The Hoops” having a BTC logo at the back of their shirts, CoinCorner also released a limited edition Oxford City FC Bolt Card in commemoration of the development.

CoinCorner will also be the official match sponsor of Oxford City FC’s opening game on August 6.

Commenting about the partnership, CoinCorner CEO, Danny Scott, said:

“OCFC is the first adopter of Bitcoin payments in the National League. We believe this move will set a trend across Non-league and Football League divisions as digital currency establishes itself as the new normal for sports fans and event-goers across the U.K.”

Interestingly, on the same day that Oxford City FC was announcing its partnership with CoinCorner, Real Bedford, another pro-Bitcoin football club, announced that it will also accept Bitcoin for matchday tickets. Bedford, however, plays in a lower local league, the Spartan South Midlands League.

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