Cryptocurrencies

Reddit Disables Bitcoin Payments

Three coins representing Bitcoin cryptocurrency.Photographer: Chris Ratcliffe/Bloomberg
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Early Bitcoin adopter Reddit stopped accepting payments with the largest digital currency.

The social media platform, a popular gathering spot for crypto enthusiasts, last week disabled the option to pay for its premium membership with Bitcoin as it watches how Coinbase Inc.’s Coinbase Commerce platform develops and after there were glitches in Reddit’s system, according to a Reddit board administrator with the user name emoney04.