Markets and Finance
Hundreds of SMBs planning to accept crypto payments in 2022: Study

Technology for MSMEs: Even as cryptocurrency adoption among Indian small businesses might seem a distant possibility, for now, SMBs in several other countries are looking to get comfortable with the aspect of digital currencies. In fact, in 2022, SMBs across nine markets – Brazil, Canada, Germany, Hong Kong, Ireland, Russia, Singapore, United Arab Emirates and the United States – would be exploring crypto for accepting payments. Based on a study of 2,250 small business owners in these markets published by card company Visa on Wednesday, 24 per cent (540) SMBs said they plan to accept digital currencies such as the cryptocurrency Bitcoin.

News Source:- https://www.financialexpress.com/industry/sme/hundreds-of-smbs-planning-to-accept-crypto-payments-in-2022-study/2405657/