Starbucks will not accept bitcoin for payment

Starbucks will not accept bitcoin for payment

Starbucks has clarified their position and stated that he would not accept bitcoin (BTC) or other cryptocurrencies as payment, despite the despite the information that recently appeared in the media.

Earlier on Friday, the company-operator of the new York stock exchange (NYSE) Intercontinental Exchange (ICE) announced plans to create a new “global platform and ecosystem for digital assets”, called “Bakkt”. According to a press release the project will involve a group of well-known companies, including Starbucks, BCG and Microsoft.

After that several media outlets, including Bloomberg and CNBC came out with headlines like “Starbucks will begin to accept bitcoins”.

However, in comments to the material on a Motherboard, the company representative explained in comments that are actually “customers will not be able to pay for Frappuccinos in bitcoin”, but rather the company is part of a new enterprise, creating a platform Bakkt for “converting digital assets” such as bitcoin into USD that you can use at Starbucks:

In may, the newspaper “new York times” reported that ICE is considering launching futures contracts on bitcoin.

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