24 Jul Major Hotels in Iran Accepting Deposits in Cryptocurrency to Avoid U.S. Sanctions
[ad_1]
HotelsInIran.com (“Hotels in Iran”), a major Iranian hotel booking platform, began accepting payments in cryptocurrency subsequent to the imposition of additional sanctions by the U.S. on Iran and Russia in July 2018.
Adoption of Bitcoin in Regions With Poor Infrastructure
Leonhard Weese, co-founder, and president of the Hong Kong Bitcoin Association (HKBA), revealed earlier this week that a hotel booking company informed its clients their motive for encouraging customers to process payments in cryptocurrencies like Bitcoin, Ethereum, and Bitcoin Cash.
My friend is booking hotels in Iran that require a deposit. The note in the email reads: “Payments in cryptocurrency might sound a bit strange, but the severe American sanctions on Iran’s banking system have left us with not many choices.”
— Leo Weese 獅 草地 (@LeoAW) July 19, 2018
In an interview with CryptoSlate, Weese confirmed he was referring to HotelsInIran in his statement, and said the adoption of cryptocurrencies will…
[ad_2]
Source link