Russian hotels are accepting BTC during FIFA World Cup

Football fans will be able to pay for hotel stay with bitcoin during FIFA World Cup starting June 14
23 May 2018   998

One of the host cities for the 2018 FIFA World Cup Kaliningrad is expecting visitors and teams from Spain, Belgium, England, Croatia, Morocco and Nigeria. Hotel owners in the city started a campaign offering a bitcoin payment option for the hotel stay. A hotel chain has partnered with a payment processor to provide the service.

We are seeing increasing interest in cryptocurrencies. They will gradually come into use as a means of payment .We have decided that fans should be able to pay for our services with the help of this innovative technology.

 

Anna Subbotina

Manager, Apartments Malina

One of Russia's electronic payment provider that supports cryptocurrency transactions – Free-Kassa will act as the payment processor for the hotels. As the event is closing near, the accomodation have skyrocketed with Kaliningrad getting among the most expensive destinations.

This is an interesting experience for us – we haven’t worked with hotels so far. The hospitality industry is quite sensitive towards new trends.

 

Vitaliy Lavrov

Development Manager, Free-Kassa

Before the start of the World Cup 2 bills regulating different aspects of the crypto sphere are expected to be adopted, i.e. the law "On Digital Financial Assets" (legalizes blockchain technology, mining activity and ICO) and a draft for Russia Civil Code (regulation the use of cryptocurrencies and protection investors' rights). At the moment of publication, Bitcoin market indicators are as follows:

Average price 7,909.60 USD
Market cap 134,857,295,820 USD
Volume (24H) 5,711,080,000 USD

Bitfury to Unveil BTC's Lightning Network Tools

An open-sourced LN wallet, software and hardware payment acceptance solutions, etc
23 January 2019   77

Bitfury Group presented a number of tools designed to foster the development of the Lightning Network (LN), CoinDesk reports.

Among them: an open-sourced LN wallet, software and hardware payment acceptance solutions for merchants and payment processing. The company also introduced tools for developers and an open-source LN node called The Peach.

According to Bitfury representatives, all these tools are designed to make working with a second-level network easier and more convenient for companies and ordinary users. New products created by the Lightning Peach team.

By providing these products to the market, Bitfury is encouraging worldwide adoption of this technology and providing unparalleled support to consumers and merchants.
 

Valery Vavilov

CEO, Bitfury

Among other things, last week Bitfury added support for LN solutions on the BTCBIT cryptocurrency exchange.