Global merchant adoption of Bitcoin grows in 2023 By Investing.com

18 views 9:09 am 0 Comments January 10, 2024

Businesses of different types, including restaurants and bars, are increasingly incorporating Bitcoin into their payment options. They are showing interest in both on-chain transactions and payments via the Lightning Network, a second-layer technology designed for faster and more cost-effective Bitcoin transactions.

On the other hand, the landscape for Bitcoin ATMs paints a contrasting picture. The United States, in particular, has witnessed a downturn in the number of these machines. However, this decline is not universal. Other regions like Canada and the European Union have experienced growth, indicating a mixed response to the infrastructure supporting Bitcoin transactions.


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