Belgium-based parking startup Seety has rolled out cryptocurrency payment support for parking tickets, Cointelegraph reported.
As of Thursday (Sept. 2), users of Seety will be able to use bitcoin to pay parking tickets in the cities of Antwerp and Brussels, according to the report.
Customers will also be able to use cryptocurrencies like ether, bitcoin cash, dogecoin and litecoin, along with stablecoins such as Dai and USD Coin, the report stated.
Those looking to use crypto to pay for parking can use the coins to pay for Seety credits on the company’s app, which will not include any additional fees, according to the report.
In other news, the Utah Jazz will be the first NBA team to start selling nonfungible tokens (NFTs), KSL Sports reported.
The NFTs will be in the form of a “virtual locker room” experience, along with “iconic team moments,” according to the report.
Jazz fans must set up a wallet through software company Rarible, which lets creators sell and issue custom cryptos. Purchases can be made using Ethereum, the report stated. It can be bought using either a credit or debit card.
The Jazz NFTs are set to go on sale Sept. 7, and fans can add their names to the team’s waitlist now, according to the report.
Meanwhile, the Central Bank of Argentina (BCRA) has been watching crypto develop with “concern,” CoinDesk reported.
Miguel Pesce, president of the bank, has said, per the report, the name cryptocurrency is “not appropriate,” as crypto references something hidden and opaque, while the blockchain-based units of payments seem to be the opposite to him.
In an official BCRA document, the central bank has also expressed cryptocurrencies aren’t really legal tender, adding that they have high volatility, are often exposed to cyberattacks and security deficiencies, and have no safeguards, the report stated.
Pesce called stability “fundamental” for a currency, according to the report.
About: In spite of their price volatility and regulatory uncertainty, new PYMNTS research shows that 58 percent of multinational firms are already using at least one form of cryptocurrency — especially when moving funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, polls 500 executives looks at the potential and the pitfalls facing crypto as it moves into the financial mainstream.