A market investigation carried out by Coinspaid revealed that 65 % of Argentines say they are willing to use cryptocurrencies as a means of payment in different types of physical stores. The study was carried out between the months of March and April 2022.

The survey also showed that the percentage could be higher if there were greater legal security in the country for users of these digital currencies.

Meanwhile, 55.5 % of the citizens surveyed expressed their intention to pay with digital currencies in online stores, and 30.8 % prefer them for the acquisition of technological and electronic products.

The figure obtained in Argentina is below the data registered in other Latin American countries such as Brazil and Colombia, where 70 % of citizens would accept to pay with cryptocurrencies in online stores.

Argentines value the legal and promotional aspects

Among the aspects related to digital currencies prioritized by the Argentines surveyed, the “regulation and information on promotions, discounts and exclusive services that businesses that accept cryptocurrencies could offer” stand out.

On the other hand, Argentina is already working on the regulation of cryptocurrencies so that citizens can have the legal support and legal certainty that are required to carry out transactions and a better functioning of the cryptographic system.

One of the steps taken by Argentina was the recent approval by the government of the City of Buenos Aires to cancel taxes with virtual currencies.

M. Rodríguez

Source: mendozatoday.com

La entrada 65 % of Argentines willing to use cryptocurrencies apareció primero en Bitfinance.

Amazon plans to open a series of large physical stores in the United States that will operate in a similar way to department stores to boost sales of clothing, household goods and electronics from the e-commerce giant founded by Jeff Bezos, they told The Wall Street Journal sources familiar with the situation.

The plan, which would represent a new step for the pioneer of online commerce in the physical retail space, after the opening of bookstores and supermarkets, contemplates that the first Amazon department stores are located in Ohio and California.

The new commercial spaces will have an area of ​​just under 3,000 square meters, smaller than most department stores, which normally occupy about 10,000 square meters, and will offer items from the main consumer brands, with a footprint similar to the formats small businesses that have begun opening commercial stores such as Bloomingdale’s, Nordstrom and other chain stores.

In this sense, the sources consulted by the reference newspaper on Wall Street pointed out that it is not clear which brands Amazon will offer in these stores, although it is expected that the company’s brand products will occupy a prominent place, although they stressed that the plans they are not final yet and could change.

Founded in 1994 as an online bookstore, Amazon has been gaining ground in physical retail through the opening of bookstores, grocery stores, and other physical spaces. In this sense, Amazon acquired the Whole Foods Market supermarket chain in 2017.

K. Tovar

Source: Expansión

La entrada Amazon plans to open gigantic physical stores apareció primero en Bitfinance.