Micah is the Senior Vice President of Digital Assets at Paysafe. He is a payments technologist specializing cryptocurrency and blockchain companies to accept fiat currencies via digital wallets, local payment methods, cash, and credit/debit card. Micah specializes in cryptocurrency, blockchain, FX trading, e-commerce, and equity crowdfunding.
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Continuing our focus on digital assets, we now ask what need to happen before we see mainstream adoption of using crypto as a payment method?
It depends on the jurisdiction that you’re operating within. However, there are three main points of consideration that need addressing, and they’re all interconnected. That of the user, the merchant, and the tax official.