El Salvador’s Bitcoin adoption agenda continues apace, this time extending to an area airline.
Because of El Salvador’s mainstream Bitcoin (BTC) adoption, Volaris El Salvador, an area subsidiary of price range Mexican airline Volaris, will settle for Bitcoin as cost.
The Bitcoin transfer comes a month after Salvadoran aviation authorities gave Volaris’s native subsidiary permission to function within the nation.
Salvadoran President Niyab Bukele took to Twitter to announce that the airline would accept Bitcoin.
In a latest Volaris event hosted on Twitter, President Bukele highlighted that the ability to pay with Bitcoin and the state-run Chivo wallet “allows us to increase the offering of flights for Salvadorans.”
Bukele’s government continues to incentivize residents to make use of Bitcoin for payments and has even provided gasoline subsidies. The nation had previously reinvested $4 million in prices of unrealized Bitcoin gains to fund infrastructure growth initiatives equivalent to a veterinary hospital.
Following in El Salvador’s footsteps, authorities from a Venezuelan airport plan to start out accepting Bitcoin and other cryptocurrencies as payment for tickets and different services.
As reported, Simón Bolívar International Airport, in affiliation with the National Superintendence of Crypto Assets and Related Activities, desires to allow crypto payments as a way to comply with native business standards.
In line with the airport director Freddy Borges, the airport will accept payment in Bitcoin, Dash (DASH) and the Petro, a government-issued oil-backed token. Signaling a dedication to driving cryptocurrency adoption, Borges mentioned “we should advance in these new financial and technological methods to be accessible.”