Reeds Jewelers now accepting bitcoin


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Submitted: Tue, 06/10/2014 - 5:43pm
Updated: Wed, 06/11/2014 - 1:00am
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By Wayne Faulkner
Wayne.Faulkenr@StarNewsOnline.com

Wilmington-based Reeds Jewelers said Tuesday that it is accepting bitcoin for payment in all 64 of its retail locations and online.

Bitcoin is a digital currency that is exchanged online without using banks or other financial institutions.

Reeds has partnered with Coinbase, a bitcoin platform with more than 1.3 million consumer wallets and 32,000 merchants, to accept all bitcoin transactions, Reeds said.

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