{"id":1863,"date":"2017-12-06T11:51:06","date_gmt":"2017-12-06T11:51:06","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=1863"},"modified":"2017-12-14T18:13:20","modified_gmt":"2017-12-14T18:13:20","slug":"ukrainian-shipping-company-accepts-bitcoin-payment","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/ukrainian-shipping-company-accepts-bitcoin-payment\/","title":{"rendered":"Ukrainian shipping company accepts Bitcoin as payment"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/varamar.jpg\" alt=\"\" width=\"300\" height=\"197\" class=\"alignright size-full wp-image-1866\" \/><a href=\"https:\/\/www.legitgambling.com\/will-price-bitcoin-and-bitcoin-cash-end-2017\">Bitcoin<\/a> gained another recognition as a payment currency for commercial transactions, after a Ukrainian shipping company came forward to accept it as a mode of payment from its clients. <\/p>\n<p>While Bitcoin has been in use as a transaction currency between individuals, business houses had largely shied away from it on concerns of volatility and regulations from government. <\/p>\n<p>Now, the <a href=\"https:\/\/worldmaritimenews.com\/archives\/236789\/ukrainian-shipping-company-to-accept-bitcoin\/\">acceptance of Bitcoin by a shipping company<\/a> has increased the possibility of seeing the crypto currency as a recognized global payment gateway.<\/p>\n<p><strong>KCN News<\/strong><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/Msvb3pseavs?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p><a href=\"http:\/\/www.varamar.com\/\">Varamar Ltd.<\/a>, a Ukraining shipping company, announced this week that it will begin accepting Bitcoin as payment. Varamar\u2019s founder <strong>Alexander Varvarenko<\/strong> believes that there are several advantages in using Bitcoin in commercial transactions. Firstly, Bitcoin will considerably reduce paperwork involved in international transactions. Secondly, it will solve payment related issues while dealing with countries like <strong>Sudan, Qatar, Yemen, Pakistan, and Russia<\/strong>.<\/p>\n<p>According to the Russian company <strong>Interchart LLC<\/strong>, several other shipping companies, affected by sanctions, will follow suit. Obviously, governments across the world will have a close watch on this development and may try to regulate the Bitcoin payments. Still, the growing recognition for Bitcoin as a payment system cannot be denied.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin gained another recognition as a payment currency for commercial transactions, after a Ukrainian shipping company came forward to accept it as a mode of payment from its clients. While Bitcoin has been in use as a transaction currency between individuals, business houses had largely shied away from it on concerns of volatility and regulations [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-1863","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ukrainian shipping company accepts Bitcoin as payment<\/title>\n<meta name=\"description\" content=\"Bitcoin got a recognition in the commercial market place when a Ukrainian shipping company announced its intention to accept the crypto currency as payment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/ukrainian-shipping-company-accepts-bitcoin-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukrainian shipping company accepts Bitcoin as payment\" \/>\n<meta property=\"og:description\" content=\"Bitcoin got a recognition in the commercial market place when a Ukrainian shipping company announced its intention to accept the crypto currency as payment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/ukrainian-shipping-company-accepts-bitcoin-payment\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-06T11:51:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-12-14T18:13:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/varamar.jpg\" \/>\n<meta name=\"author\" content=\"Cameron Bishop\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Cameron Bishop\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/ukrainian-shipping-company-accepts-bitcoin-payment\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/ukrainian-shipping-company-accepts-bitcoin-payment\\\/\"},\"author\":{\"name\":\"Cameron Bishop\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/#\\\/schema\\\/person\\\/0e2e077765174748afc2362c890e3f91\"},\"headline\":\"Ukrainian shipping company accepts Bitcoin as 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