Venezuelan international airport to accept Bitcoin payments: Report
Venezuelan international aerodrome to accept Bitcoin payments: Report
"We must accelerate in these new economic and technological systems to exist accessible," Maiquetia airport managing director said.
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A major international airport in Venezuela is reportedly preparing to start accepting cryptocurrencies like Bitcoin (BTC) as payment for tickets and other services.
Simón Bolívar International Aerodrome is working to enable cryptocurrency payments to comply with local industry standards, regional news agency El Siglo reported on Sunday. Also known as Maiquetia, the airport is located in downtown Caracas, the capital of Venezuela.
According to Maiquetia aerodrome managing director Freddy Borges, the airport plans to accept many cryptocurrencies, including Bitcoin, Dash and Venezuela's oil-pegged digital currency, the Petro. He said that the airdrome'southward administration would introduce new payment options in coordination with Venezuela's National Superintendence of Crypto Avails and Related Activities.
The introduction of crypto payments at the Maiquetia airport would mark the company's commitment to advance toward international standards and drive digital currency adoption, Borges noted. According to the executive, the crypto payment option would do good foreign tourists, including those from Russia.
"We must advance in these new economic and technological systems to be attainable," Borges reportedly stated.
The news comes amid Venezuela experimenting with a central bank digital currency (CBDC), with the country's cardinal bank launching the digital Venezuelan bolivar on October. 1. Dissimilar a CBDC, which is pegged to Venezuela'southward national currency, the Petro is an oil-backed cryptocurrency launched past the government in Feb 2022.
Related: BitMEX CEO predicts Bitcoin will be legal tender in five countries by 2022
Several airports and airlines around the world have been exploring ways to introduce crypto payments and blockchain-based functionalities in recent years, providing ameliorate options for cash payments and improving customer verification services, including COVID-19 test results. In March, Latvian airline airBaltic started accepting Ether (ETH) and Dogecoin (DOGE) as payments for tickets after rolling out crypto payments back in 2022.
Source: https://cointelegraph.com/news/venezuelan-international-airport-to-accept-bitcoin-payments-report
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