Leading gold bullion dealer Sharps Pixley has partnered with payment processor BitPay to enable customers to buy gold and other precious metals with bitcoin, according to a company statement. Sharps Pixley CEO Ross Norman said the decision would allow bitcoin holders looking for a "traditional safe haven" to do so "in a simple and cost effective way". Bitcoin is the world's most popular cryptocurrency and enables individuals to transfer value to each other and pay for goods and services outside the regulated financial system. The move comes as major banks are moving towards accepting digital currencies such as bitcoin.
Leading gold bullion dealer Sharps Pixley has partnered with payment processor BitPay to enable customers to buy gold and other precious metals with bitcoin, according to a company statement. Sharps Pixley CEO Ross Norman said the decision would allow bitcoin holders looking for a "traditional safe haven" to do so "in a simple and cost effective way". The move comes as major banks are moving towards accepting digital currencies such as bitcoin.