Few Places That Accept Cryptocurrency at the FIFA World Cup

The FIFA World Cup is a good opportunity for companies in the area to promote their products and services. Here’s where you can spend cryptocurrencies until 15th July.

The FIFA World Cup is a sports competition between senior men’s football national teams that are part of the FIFA- Fédération Internationale de Football Association. The event takes place in Moscow, Russia between 14 June and 15 July. Millions of tourists go to Russia to support their favorite soccer team, and local businesses benefit fully from this as tourists will buy accommodation, food, souvenirs, and have fun.

Of course, the FIFA World Cup is also an opportunity for promoting any non-traditional payment methods. Several companies have announced they will accept crypto assets as payments during the World Cup event.

Valenok restaurant- excluded

Valenok, a restaurant located on the Tsvetnoy Blvd, Moscow, which serves national cuisine has been among the first companies in the city that have decided to accept cryptocurrencies as a method of payment.

The CCN team turned to the restaurant: “Hello, I would like to reserve a table for me and my friends from Serbia, but there is one nuance: they would like to pay using bitcoin.” The employee named Viktoria was a little surprised at the client’s request and announced that she needed to talk to the manager, “I know for a fact that we have accepted bitcoins several times in the past, but I have to ask whether we can do so right now.” After speaking with the manager, she came back telling that “We are not taking cryptocurrencies right now, but you can pay with a card or with cash. We may start accepting digital currencies again at some point in the future, but I have no idea when that might be.

LavkaLavka- accepts crypto assets only on its website

You do not have to be discouraged. An alternative is LavkaLavka, a farmers’ cooperative that promotes the unusual payments using Bitcoin (BTC) on its online platform.

“Unfortunately, we are temporarily not accepting bitcoins,” the store manager immediately claimed, adding that: “On the Internet, you can pay for any product using our native cryptocurrency BioCoin. It can be purchased on an exchange or received as a bonus on each purchase depending on the amount of the bill.

Pivoteka 465- Bitcoin (BTC) accepted

Pivoteka 465, a Moscow beer café is where all payment methods are valid as the company accepts Bitcoins, cash, and cards. “Sure, you can pay here in bitcoins. We will generate a QR code for you at the cash register, and you can debit the required amount from your electronic wallet using your smartphone,” the waiter confirmed.

Hotels are also accepting cryptocurrencies

As previously reported by Coindoo, you can pay in Bitcoin for accommodation. Several Kaliningrad hotels have announced they will accept cryptocurrencies during the FIFA World Cup. “We are seeing increasing interest in cryptocurrencies,” said the manager of Apartments Malina, Anna Subbotina. “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.”

Russian companies that accept cryptocurrencies are more exceptions, rather than something usual. If in Moscow there are few places where you can pay with crypto assets, what else to talk about smaller cities that do not know even what these coins mean. Even supporters interviewed responded that they are willing to pay by cash or card.

It is encouraging that some shops are trying to work with cryptocurrencies in theory. It means that we are not just spinning our wheels, some progress is being made and people are ready to pick up on new market trends and form offers, even when the demand for them is still low,” explained Daria Generalova, co-founder of ICOBox. “Of course, it is still early to talk about this World Cup flying the flag of cryptocurrencies, but I do not rule out the possibility that the situation in Russia and Europe may change over the next two years. Digital currencies will be regulated, and market participants will begin to understand the rules for working with them.”

Source: Read Full Article