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Cryptorank

Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus


by Abdulkarim Abdulwahab
for CoinEdition
Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus
  • Wildberries begins testing cryptocurrency payments in Belarus with fintech partner Whitebird.
  • Customers convert Bitcoin, Ethereum, and TON into Belarusian ruble gift certificates.
  • The program operates under Hi-Tech Park regulations to limit risks and ensure compliance.

Wildberries, Russia’s largest e-commerce platform, has begun testing crypto payments in Belarus. The program, developed in collaboration with fintech firm Whitebird, operates under the supervision of Belarus’s Hi-Tech Park, a state-backed hub for technology and blockchain projects.

How the system works

Rather than enabling direct cryptocurrency payments to merchants, the pilot relies on a hybrid model. Customers can convert digital assets such as Bitcoin, Ethereum, and Toncoin into electronic gift certificates issued in Belarusian rubles. These certificates can then be used to purchase goods on …

Read The Full Article Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus On Coin Edition.

Read the article at CoinEdition

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Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus


by Abdulkarim Abdulwahab
for CoinEdition
Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus
  • Wildberries begins testing cryptocurrency payments in Belarus with fintech partner Whitebird.
  • Customers convert Bitcoin, Ethereum, and TON into Belarusian ruble gift certificates.
  • The program operates under Hi-Tech Park regulations to limit risks and ensure compliance.

Wildberries, Russia’s largest e-commerce platform, has begun testing crypto payments in Belarus. The program, developed in collaboration with fintech firm Whitebird, operates under the supervision of Belarus’s Hi-Tech Park, a state-backed hub for technology and blockchain projects.

How the system works

Rather than enabling direct cryptocurrency payments to merchants, the pilot relies on a hybrid model. Customers can convert digital assets such as Bitcoin, Ethereum, and Toncoin into electronic gift certificates issued in Belarusian rubles. These certificates can then be used to purchase goods on …

Read The Full Article Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus On Coin Edition.

Read the article at CoinEdition

Read More

IBIT’s Options Market Fuels Bitcoin ETF Dominance, Report Suggests

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Unchained and analyst Checkmate highlight how iShares Bitcoin Trust leveraged ETF opt...
Bitcoin Price Prediction: BTC Holds $111K As Traders Eye $115K Liquidation Trigger

Bitcoin Price Prediction: BTC Holds $111K As Traders Eye $115K Liquidation Trigger

Bitcoin price today is trading near $111,844, stabilizing after repeated tests of the...