Because of incorrect interpretation of a number of leading world mass media reports about the beginning of cooperation with companies Starbucks Intercontinental Exchange (ICE), Microsoft and others to create a regulated global ecosystem of digital assets Bakkt to the international coffee chain said that they did not plan to accept in their establishments bitcoins and other cryptocurrency. At the same time, Starbucks is ready to help those who use cryptocurrencies to spend them after conversion into Fiat currency. In the future, with the development of cryptocurrency industry and its regulation, this decision may be revised.
We will remind that in the beginning of the year, CEO Howard Schultz (Howard Schultz) said that in contrast to the technological and financial industries Starbucks is not interested in creating their own cryptocurrency, because it does not consider it appropriate and effective. However, the company has included the issue of support for digital currencies in its long-term strategy.