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Saturday, May 13, 2017

$5 Mln Household Bills Paid in Australia Through Bitcoin Payment Gateway

$5 Mln Household Bills Paid in Australia Through Bitcoin Payment Gateway

Australia Bitcoin payment gateway Living Room of Satoshi (LRS) has reached $5 mln volume after years of regulatory hurdles.

As Business Insider reports, the startup, which began in May 2014, reached the milestone this month. It allows users to pay common household bills in Bitcoin.

“As the first truly international, decentralised and peer to peer currency, Bitcoin is perfectly suited to bill payments in Australia,” CEO Daniel Alexiuc told the publication.

Full story at http://bit.ly/2pZwJrG

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