Bitcoin adoption in the United States has been on a rollercoaster ride in the last few years, with some major markets such as the US and Japan still having significant adoption issues.
Now, the country is also home to one of the most popular Bitcoin exchange services, Bitcoin Wallet, which has seen a spike in the US in recent months.
However, it remains to be seen if Bitcoin adoption will continue to soar as the country’s adoption rates continue to rise.
Bitcoin Wallet is accepting Bitcoin donations in the USA, with US-based Bitcoin Exchange Mt.
Gox now accepting the digital currency.
“The Mt.
Gox team is thrilled to be accepting Bitcoin payments in the U.S. as we are pleased to continue to provide services to our customers,” Bitcoin Wallet CEO Mike Hearn said in a statement.
“We are working to bring more Bitcoin exchanges and payment processors to the United Kingdom and the UK is a fantastic destination to start a business from as we have strong customer relationships and strong relationships with our international customers.”
Our UK customer base is a great base for Bitcoin and we will continue working with the UK authorities to ensure that the digital money is widely accepted,” he added.
Mt.gox’s service is the latest in a string of Bitcoin exchanges to accept the digital cash, following Coinbase and BitPay.
Bitcoin is still not legal tender in the UK, meaning that many businesses are forced to charge Bitcoin-denominated transaction fees to the authorities.
However the move to accept Bitcoin donations and Bitcoin donations is being seen as a step towards acceptance by the government.
The move has also been welcomed by many Bitcoin companies, with the British Bankers Association (BBA) stating that Bitcoin should be “regarded as legal tender”.
With Bitcoin increasing in popularity in the past few years it has been difficult for many businesses to maintain their Bitcoin presence and remain profitable.
With this being said, it is hoped that Bitcoin adoption is still going strong and that Bitcoin will continue growing in the future.
Featured image from Shutterstock.com.
