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Chinese Brand Xiaomi Steers Clear of Portugal MI Store Bitcoin Payment Ad

News Snapshot:

China’s leading smartphone manufacturer Xiaomi has announced that the recent advertisement for Bitcoin and crypto payment made by the Portugese MI store has no connection with the company’s operation. A Facebook advertisement posted by the MI store indicated that it would accept payments in Bitcoin and a few other cryptocurrencies. Xiaomi said that the Portuguese MI store is a third-party authorized independent entity and later the store also clarified it has no relations with the Chinese smartphone manufacturer. “Xiaomi responded that cryptocurrency payments was published by Mi Store Portugal, a authorized partner of the Mi Store in Portugal. This partner…

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