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Topic: [2018-03-12] Mail.Ru Accepting Cryptocurrencies for Posting Ads on its Sites (Read 130 times)

legendary
Activity: 2170
Merit: 1427
It's funny and not funny at the same time. Legally, one in Russia isn't allowed to use Bitcoin or any sort of crypto currency as means of payment (ie, money). With that in mind, it's quite weird that MailRu allows people and businesses to pay for their service in a way that by law is not allowed. MailRu in this case isn't doing anything wrong legally, because they don't deal with Bitcoin at all due to them being partnered with BitPay. At the end they just receive the fiat, and that's it. It's a smart move from them, but one that's weird with the aforementioned in mind.

Quote from the article;
Quote
“On the advertising platform myTarget one can pay in Bitcoin (BTC) or Bitcoin Cash (BCC) for making advertisements on all the projects owned by Mail.Ru Group and in the partner network, and the owners of sites and applications participating in the network in the near future will be able to receive income in the cryptocurrency.”
That's surely not just targeted at the international market, and for that reason again a very questionable move. If Russia won't step in, it once again shows that they are selectively enforcing their own laws, and for that reason shouldn't be taken serious. If you don't even respect your own laws, how can you expect others to do so? Roll Eyes

Russia once and for all needs to come up with proper regulations that for each entity is easy to follow, and to abide by. Trolling needs to stop.
sr. member
Activity: 966
Merit: 264
Russia’s largest Internet corporation known as Mail.Ru Group began to take digital currency as a source of payment for the service of putting various ads on its social platforms, such as VKontakte, Odnoklassniki, and the email system Mail.Ru, according to the company’s press release.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/mail-ru-accepting-cryptocurrencies/

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