Russia's Biggest Airline Company Is Considering Accepting Payments In Bitcoin
Russia's largest airline, Aeroflot, is considering accepting airline tickets for crypto-coins such as Bitcoin.
According to a recent report, Aeroflot announced that it is now "looking for a partner to conduct research on the area of payment acceptance in crypto-coins". The results of this research will help reduce expenses and increase the company's competitiveness and operational efficiency.
The local news agency recently received documents stating that the partner will have to conduct a thorough review of current cryptography legislation in Russia and around the world and outlines the prospects for the development of the crypto-coins market. Aeroflot also wants to understand the possible economic and tax benefits before adding crypto-coins to the list of payment instruments for airline services.
According to official data, the results of the competition will be announced on August 2, 2017. The contractor will have to complete the study by December 10, 2017. Aeroflot intends to allocate up to 24.6 million rubles for research, according to report.
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