US supermarket Kroger says Bitcoin cash release fraudulently

Disclaimer: This article originally reported that Kroger would accept Bitcoin Cash. It has been changed due to new information.

The American supermarket chain Kroger has denied claims that it accepts payments in cryptocurrency.

That’s what the big retailer said A press release claiming to accept Bitcoin Cash (BCH) in all of its stores, as well as for online purchases, was a hoax.

US supermarket Kroger says Bitcoin cash release fraudulently
US supermarket Kroger says Bitcoin cash release fraudulently

According to Reuters, Kroger is the second retailer to recently fall victim to such a scam.

Kroger previously tried his hand at the cryptocurrency space; In 2020, the company started offering Bitcoin (BTC) rewards in its store through the cryptocurrency-based reward platform Lolli.

Cryptocurrencies have gradually found their way into grocery stores in a variety of ways. In 2019, Safeway – another major American supermarket chain – began offering Bitcoin rewards via lollipops, similar to Kroger’s.

Earlier this summer, the cryptocurrency ATM company Coin Cloud announced that it is preparing to install machines at 29 HEB supermarket locations in Houston, Texas.

The underlying blockchain technology of cryptocurrencies has also been programmed to play an important role in the food industry.. A 2019 study by the research company Gartner predicted this 20% of the 10 largest supermarkets in the world will use blockchain by 2025.

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