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          Home Updates

          Popular Resorts in Maldives and Thailand are Accepting Cryptocurrencies

          Bidisha Dey by Bidisha Dey
          August 27, 2022
          in Updates
          Cryptocurrencies

          Bitcoin is slowly spreading its usage network on a global basis. In fact, there is no general consensus among various nations regarding the status of cryptocurrencies. While some nations have already accepted cryptocurrencies, especially Bitcoin as official currencies, there are other nations like China, that have imposed a ban on the usage of Cryptocurrencies. However, Bitcoin seems determined to break free from all forms of bondages and conquer the world. 

          We know that various countries are accepting payments through cryptocurrencies and especially Bitcoins. To this list, the latest addition is the Maldives. In fact, a very popular and well-known resort in the Maldives is now accepting payments via Bitcoin. Now, this is really a step forward, towards offering an official recognition to cryptocurrencies.

          If you are interested in knowing more about the acceptance of Bitcoin as valid transactions in the Maldives, then this article is the perfect stop for you. Keep reading this article to know more about this latest development. 

          Soneva and Bitcoins

          Soneva And Bitcoins
          Credit; CNBC

          The resort that accepts Bitcoin in the Maldives, is Soneva. In fact, it is a leader in the luxury hospitality industry. The Soneva Fushi, the Soneva Jani, and the Soneva in Aqua are the three properties in the Maldives that are accepting payments not only in Bitcoin but also in Ethereum. In fact, another property in Thailand, Soneva Kiri, is also accepting Bitcoin and Ethereum.

          In order to make the transactions through cryptocurrencies more simplified, Soneva has joined hands with TripleA and Pomelo Pay. For those who do not know, TripleA is a provider of cryptocurrency payment solutions and Pomelo Pay is a payment platform service. The main aim behind such a step is to increase the payment alternatives for the convenience of the guests.

          In fact, the chief financial officer and deputy CEO of Soneva, Bruce Bromley has clearly stated that Soneva always aims to provide the maximum facility to its international customers. The inclusion of cryptocurrencies is yet another step towards that final aim.

          Concluding Lines 

          Allied Market Research conducted a survey recently. According to the data obtained through that survey, by 2030, the worldwide crypto market is expected to reach $5 billion. In fact, Soneva is not the only one to accept cryptocurrencies.

          The Pavilions Hotels & Resorts is the pioneer in accepting cryptocurrencies in the accommodation sector. In fact, many other hotels from around the world are joining the list of hotels accepting payments via Bitcoin and Ethereum. 

          Also read: Bitcoin Might Have Entered The Worst-Ever Bear Market In Its History

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          So, in short, we cover a range of announcements related to a variety of Alt-coins, digital coins, and any significant news that could create an impact on the trading world and economy.

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