Venezuela International Airport Accepts Bitcoin Payments: Report

According to reports, a major international airport in Venezuela is preparing to start accepting cryptocurrencies such as Bitcoin (Bitcoin) As payment for tickets and other services.

Simon Bolivar International Airport is working hard to make cryptocurrency payments in line with local industry standards, regional news agency El Siglo Report October 10. The airport, also known as Maiquetia, is located in the center of Caracas, the capital of Venezuela.

According to Freddy Borges, Director of Maiquetia Airport, the airport plans to accept multiple cryptocurrencies, including Bitcoin and Dash (sprint) with Venezuela’s oil-linked digital currency,oil. He said that the airport management department will cooperate with Venezuela’s national crypto assets and related activities regulator to launch new payment methods.

Borges pointed out that the introduction of encrypted payments at Maiquetia Airport will mark the company’s commitment to advancing international standards and promoting the adoption of digital currencies. According to the executive, the encrypted payment option will benefit foreign tourists, including those from Russia.

According to reports, Borges said: “We must make progress in these new economic and technological systems to gain accessibility.”

The news comes as Venezuela is experimenting with the central bank of the country’s central bank digital currency (CBDC) Launch of the digital Venezuelan Bolivar October 1.Unlike CBDC, which is linked to Venezuela’s national currency, Petro is an oil-backed cryptocurrency Initiated by the government February 2018.

related: BitMEX CEO predicts that Bitcoin will become the legal tender of five countries by 2022

In recent years, some airports and airlines around the world have been exploring ways to introduce encrypted payments and blockchain-based functions to provide better options for cash payments and improve customer verification services. Include COVID-19 test results. March, Latvian Airlines airBaltic begins to accept Ether (Ethereum) And Dogecoin (dog) As the ticket payment after the introduction of encrypted payment in 2014.