[Digital Today Reporter Hyun-woo Choo] You will be able to pay subscriptions to the US current affairs weekly Time Magazine with virtual assets (cryptocurrency) such as Bitcoin.
Crypto.com, a virtual asset payment and financial platform, announced that it has entered into an alliance with Time magazine to support payment of virtual assets.
Time magazine plans to support subscription payments through virtual assets through this partnership. Subscribers who pay with virtual assets such as Bitcoin can subscribe to all of Time Magazine’s content for 18 months.
Virtual asset payment provides priority to US and Canadian users, and plans to expand to global users in the future. Crypto.com supports up to 10% payback to subscribers who pay through its own virtual asset CRO.
Time magazine chairman Keith Grossman said, “We are pleased to partner with Crypto.com to support virtual assets as a new payment method.”
Chris Mizarek, Chief Executive Officer of Crypto.com, said, “Through the partnership with Time magazine, we can accelerate the commercialization of virtual assets.”
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.