Chinese Company Urban Tea Accepts Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE)


Public tea company Urban Tea has started accepting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) in all Chinese stores, according to a press release dated May 10.

Public tea company Urban Tea has started accepting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) in all Chinese stores, according to a press release dated May 10 .

These cryptos can also be used as a means of payment at American restaurants run by the company’s New York-based subsidiary, Guokui Management.

Urban Tea CEO Xianlong Wu states that the company aims to bring digital currencies into customers’ lives.

Not Urban Tea’s First Crypto Move

Urban Tea, whose shares are traded on Nasdaq , announced that it entered Bitcoin mining in February to take advantage of the crypto money rally.

Urban Tea named it Long Blockchain Corp. during the previous bull cycle in 2017. It is trying to follow a similar policy to Long Island Ice Tea Corp.

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