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30/09/2022   Telefónica, Spain's Largest Telco, Allows Purchases With Crypto, Invests in Local Exchange Bit2Me

The company activated purchases with crypto on its technology marketplace after adding a payment feature provided by Bit2Me.

Telefonica headquarters in Madrid. (Cristina Arias/Getty Images)

Telefónica, Spain’s largest telecommunications company, is enabling the purchase of products on its technology marketplace with cryptocurrencies.

  • The company activated purchases with crypto onTu.comafter adding a payment feature provided by Spain's largest crypto exchange, Bit2Me, the crypto firm told CoinDesk.
  • Telefónica has also invested in Bit2Me, the exchange confirmed to CoinDesk, adding that more details on the investment will be released in the coming weeks.
  • The Spanish telecommunications company alsohas its own NFT marketplaceon the Polygon blockchain that is initially integrated with MetaMask.
  • To develop projects in the metaverse, Telefónicaalso recently closeddeals with companies including Qualcomm, with which it will explore opportunities in the product and service segment in the metaverse.

https://www.coindesk.com/business/2022/09/29/telefonica-spains-largest-telco-allows-purchases-with-crypto-invests-in-local-exchange-bit2me/