Thursday, August 17, 2017

Yekaterinburg bar Killfish to accept bitcoin as payment

Yekaterinburg bar Killfish announced on Monday that it will begin accepting bitcoin virtual currency as a form of payment.

Headquartered in St. Petersburg, Killfish will soon extend accept bitcoins at all of its Russian franchises, making the company the first Russian organization to use bitcoins as a method of currency, Ural Business Consulting reports.

Killfish patrons choosing to use bitcoin as a method of payment can transfer bitcoins to their Killfish customer card through the company's website.

As of Nov. 31, a single bitcoin was worth approximately $1,000, marking a 7,600 percent increase in value during 2013, according to Ural Business Consulting.