Connect with us

World

Xiaomi has refused to accept crypto in Portugal

Published

on

Xiaomi has refused to accept crypto in Portugal.

According to Xiaomi, such decisions were not communicated to the business since Mi Store Portugal is a self-contained satellite, and Mi Store Portugal’s acceptance does not reflect Xiaomi Corporation.

“Xiaomi Corporation wishes to clarify that ‘Mi Store Portugal’ and its associated social media channels are maintained by a third-party store,” Xiaomi stated. “While we respect and recognize third-party retailers’ legal operational autonomy, the decision to accept cryptocurrency has nothing to do with the Xiaomi Corporation and was taken without our knowledge or approval.”

Read Also
Xiaomi Mi Mix 4, seen in leaked images with an under-display camera

Previously, Mi Store Portugal, the official retailer of the Chinese tech juggernaut, decided to accept bitcoin payments.

MI smartphones, vacuum cleaners, smartwatches, electric scooters, and other devices may be purchased using Bitcoin, Ethereum, Tether, and Dash.

Given that Portugal is often regarded as the most crypto-friendly European country due to its tax policies, it is unsurprising that Mi has picked Portugal as a testbed for digital asset payments.

Follow Newsline.pk on Facebook, Twitter, and Instagram.

Do you have something to say to the story? Please share it in the comments section below.

Trending