Online video games provider, Steam started accepting bitcoin as payment.

On April 27, 2016, the digital gaming platform Steam made a significant move in the realm of digital commerce by starting to accept Bitcoin as a form of payment. 
 

Steam, operated by Valve Corporation, partnered with BitPay, a Bitcoin payment service provider, to facilitate transactions using the digital currency. The integration of Bitcoin payments was aimed at making Steam more accessible to gamers in emerging markets such as India, China, and Brazil, where traditional payment options like credit cards were not widely available.
 

The move was celebrated within the Bitcoin community as a major endorsement of the technology's potential for widespread adoption. For Steam, it represented an opportunity to tap into a new customer base and demonstrate its commitment to innovation and accessibility.
 

It allowed users to make purchases using any Bitcoin wallet, without the need to provide sensitive financial information, thus offering a higher degree of privacy and security.