American grocer Kroger says Bitcoin Cash press release was fraudulent


Disclaimer: This text initially reported that Kroger would settle for Bitcoin Money. It has since been amended following new info.

American grocery retailer chain Kroger has denied claims that it’s accepting cryptocurrency funds.

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The key retailer said {that a} press release stating it might settle for Bitcoin Money (BCH) in any respect of its shops, in addition to for on-line purchases, was a hoax.

In accordance with Reuters, Kroger is the second retailer to lately fall sufferer to such a rip-off.

Kroger has beforehand dabbled within the cryptocurrency house; in 2020, the agency started to supply Bitcoin (BTC) rewards at its retailer by means of crypto-based rewards platform Lolli. 

Crypto has progressively discovered its means into the grocery retailer vertical in numerous kinds. In 2019, Safeway — one other main American grocery chain — began offering Bitcoin rewards by means of Lolli, much like Kroger. 

Earlier this summer season, crypto ATM agency Coin Cloud introduced it was preparing to install machines in 29 H-E-B grocery store places in Houston, Texas. 

Cryptocurrencies’ underlying blockchain expertise has additionally been slated to play an vital position within the grocery business. A 2019 research by analysis agency Gartner predicted that 20% of the highest 10 international grocers will be using blockchains by 2025.