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Jul 17, 2020 (Baystreet.ca via COMTEX) — The approaching of payments can be begin in cryptocurrency. At the moment, 6% of all businesses acquire it as a anatomy of payment, including Whole Foods, Facebook, Nordstrom, AT&T, and Virgin, says NetCents Technology. Added than 40% of consumers appetite to accomplish purchases application cryptocurrency. Better, PayPal aloof accepted its alive to accompany cryptocurrency capabilities to its platform, which advance to greater adoption. Afterwards all, “if a cyberbanking account with 325 actor alive users starts advertisement agenda assets, it is acceptable to accomplish crypto added applicable in the eyes of the cyberbanking mainstream,” says Coin Telegraph. With greater acceptance likely, some of the top companies to watch accommodate NetCents Technology Inc. (CSE: NC)(OTCQB: NTTCF), Square Inc. (NYSE:SQ), Paypal Holdings Inc. (NASDAQ:PYPL), HIVE Blockchain Technologies Ltd. (OTC:HVBTF)(TSXV:HIVE), and Acceptance Inc. (NYSE:V).

NetCents Technology Inc. (CSE: NC)(OTCQB: NTTCF) BREAKING NEWS: NetCents Technology Inc., a cryptocurrency payments technologies aggregation appear the accession of Jannis Flachsmann to the Advising Board.

Mr. Flachsmann is a Senior Advocate at GHM Partners AG absorption on Legal, Tax, and Fiduciary Matters. Previously he was an advocate at the firms of Weidmann Rudolf & Partner and Lichtsteiner Rechtsanwaelte. Mr. Flachmann additionally formed at the Civil Court of the Canton of Zug, Switzerland. Notable about his acquaintance is that he has lived and formed in Zug, Switzerland, for about his absolute career. Zug is a awful admired hub for acknowledged and technology affairs apropos to the growing cryptocurrency industry. Mr. Flachsmann acquired his Masters of Law (LL.M.) amount from Fordham University.

“I accept been watching the cryptocurrency and blockchain industry complete for the aftermost few years, but I anticipate that 90% of the advance is still to come,” declared Mr. Flachsmann. “I am absolute aflame to accompany my different experience, acknowledged skillset, and access to NetCents.”

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“Mr. Flachsmann will accompany a different ambit to our advising lath and add badly to our capabilities to acknowledge to a absolute activating landscape,” declared Clayton Moore, Founder and CEO of NetCents Technology. “The taxation considerations of cryptocurrency are acutely complicated. Accepting addition as able-bodied abreast as Mr. Flachsmann will accord us a cardinal bend in acceptable the ample all-embracing accumulated barter we are now soliciting.”

NetCents continues the buildout of its European presence, including specific assets committed to application European barter from an operational, banking, and sales perspective. “Europeans are added focused on accepting cyberbanking capabilities that aren’t angry anon to government agencies. They are added accessible to the cryptocurrency articles we are building, so we are activity to capitalize on that momentum,” added Mr. Moore. The Aggregation is attractive advanced to administration developments with investors apropos its European efforts.

Other accompanying developments from about the markets include:

Square Inc. (NYSE:SQ) will absolution cyberbanking after-effects for the additional division of 2020 on August 5, 2020, afterwards bazaar close. Square will additionally host a appointment alarm and balance webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the aforementioned day to altercate these results. The alive webcast of the alarm can be accessed from Square’s Investor Relations website.

Paypal Holdings Inc. (NASDAQ:PYPL) appear new analysis attractive at purchasing behaviors of acclaim agenda rewards holders during the COVID-19 pandemic, absolute bodies about the country are axis to rewards balances to admonition them amplitude their budgets (29%) and acquirement the things they charge most, such as groceries. However, with 39% of acclaim agenda rewards holders blind of their rewards balances, there’s an befalling for added bodies to bare funds which could extend their budgets and admonition them buy the things they charge most. “More and added bodies beyond the country are axis to their acclaim agenda rewards as a accessible and accessible way to accomplish their dollars go further, and in the accepted environment, two thirds of Americans (66%) now appearance these rewards balances as a way to buy the things they charge such as advantage and added essentials,” said Jill Cress, carnality admiral of customer business at PayPal. “With biking and affluence items still beneath of a antecedence for abounding appropriate now, our analysis shows that bodies are instead borer into their rewards balances to abutment baby businesses in their association and to accord aback to causes.”

HIVE Blockchain Technologies Ltd. (OTC:HVBTF)(TSXV:HIVE) appear that it has ordered 200 Bitmain Antminer S17e 60 Terahash per additional (TH/s) SHA 256 mining machines as it continues to calibration up abutting bearing mining ability at its blooming energy-powered bitcoin mining operation in Quebec. The amount for the S17e machines was about US$950 per unit, or aloof beneath US$0.2 million, financed through the Company’s cash. Delivery and accession of the new mining accessories is advancing to action in July. Following installation, excluding added purchases, HIVE estimates its accumulated operating assortment amount accurately from abutting bearing mining accessories at its Quebec facility, will be about 131 Petahash per additional (PH/s), utilizing beneath than 6 MW power. This equates to about 22.6 PH per megawatt of power, which HIVE believes is one of the best activity able bitcoin mining operations in Canada.

Visa Inc. (NYSE:V) will address its budgetary third division 2020 cyberbanking after-effects on Tuesday, July 28, 2020. The results, forth with accompanying cyberbanking information, will be appear afterwards bazaar abutting and acquaint on the Acceptance Investor Relations website. Visa’s controlling administration aggregation will again host a alive audio webcast alpha at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to altercate cyberbanking after-effects and business highlights. All absorbed parties are arrive to accept to the alive webcast at http://investor.visa.com. A epitomize of the webcast will be accessible on Visa’s Investor Relations website for 90 days.

Legal Abnegation / Except for the absolute admonition presented herein, affairs discussed in this commodity contains advanced statements that are accountable to assertive risks and uncertainties that could account absolute after-effects to alter materially from any approaching results, achievement or achievements bidding or adumbrated by such statements. Acceptable Media is not registered with any cyberbanking or balance authoritative ascendancy and does not accommodate nor claims to accommodate advance admonition or recommendations to readers of this release. For authoritative specific advance decisions, readers should seek their own advice. Acceptable Media is alone compensated for its casework in the anatomy of cash-based compensation. Pursuant to an acceding Acceptable Media has been paid three thousand bristles hundred dollars for announcement and business casework for NetCents Technology Inc by a third party. We own ZERO shares of NetCents Technology Inc. Please bang actuality for abounding disclaimer.

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The MarketWatch News Department was not complex in the conception of this content.

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