Stripe To End Bitcoin Support Because It’s ‘Less Useful’
January 24, 2018
Stripe, a popular payment processing company, announced Tuesday that it will no longer offer support for Bitcoin payments, making it the latest major company to turn away from the popular cryptocurrency.
Stripe will continue to process Bitcoin transactions for the next three months but will officially end support for the cryptocurrency on April 23. The payment processor cited fees associated with Bitcoin and questionable decisions relating to how Bitcoin has been managed as its reason for dropping support.