Ethereum Hotel

in #ethereum5 years ago

A hotel located in Sichuan province is the first to become the whole of China to accept Ethereum; The owners decided to call it Ethereum Hotel, although they have not provided details on how they plan to deal with the regulators.

The Hotel will have excellent views of the Sichuan tourist area, 55 rooms, 2 swimming pools, 1 gym and meeting rooms. Inside the Hotel there is a Bitcoin logo in the lobby, this suggests that they accept Bitcoin as well.

Ethereum1.jpg

image source: https://cointube.net/hotel-in-china-starts-accepting-payment-in-ether-despite-crypto-ban/

Since September of last year the Chinese government banned ICOs from being launched in the country, and the Beijing government would have reinforced its anti-cryptocurrency policies, including a ban on convention centers by hosting any event related to cryptocurrencies.

So this initiative adds to the struggle of Chinese citizens to establish a regulatory framework less restrictive towards cryptocurrencies.

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