Satellite TV operator Dish Network to accept bitcoins

Thu May 29, 2014 12:17pm BST

Mock Bitcoins are displayed on a table in an illustration picture taken in Berlin January 7, 2014. REUTERS/Pawel Kopczynski

Mock Bitcoins are displayed on a table in an illustration picture taken in Berlin January 7, 2014.

Credit: Reuters/Pawel Kopczynski

Related Topics

(Reuters) - Satellite TV operator Dish Network said it would accept bitcoin payments from customers from the third quarter.

Dish said it selected Coinbase as the payment processor for bitcoin transactions with customers who choose to pay their bills online with the bitcoin wallet of their choice.

Dish will use Coinbase's Instant Exchange feature to exchange bitcoin payments to U.S. dollars.

(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Kirti Pandey)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.