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Hotels to Accept Cryptocurrency During the World Cup
Apr 2, 2018
 

Hotels to Accept Cryptocurrency During the World Cup

Buying Business Travel Russia reported that Apartments Malina has teamed up with the online payment system, Free-Kassa, to allow users to purchase rooms with cryptocurrencies. A total of four matches will be played in Kaliningrad on Jun. 16, 22, 25 and 28. Eleven of Russia’s cities will host the FIFA World Cup including Ekaterinburg, Moscow, Kazan, Saint Petersburg, Volgograd, Rostov-on-Don, Sochi, Nizhny Novgorod, Samara, Saransk and Kaliningrad. Russia had been drafting regulations for cryptocurrencies and ICOs in the new proposal “On Digital Financial Assets” last month. However, amendments were requested by Ministry of Economic Development, Ministry of Communications, Ministry of Justice, Central Bank of Russia and others to soften the rules for cryptocurrency users. While this decision was not favored by the Ministry of Finance, it did submit a bill last week which lists cryptocurrencies as “financial assets” instead of a legal payment method. Source: The Times (https://www.ccn.com/russia-allows-cryptocurrency-payments-for-hotels-during-fifa-world-cup-2018)

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