{"id":473970,"date":"2021-10-18T21:00:43","date_gmt":"2021-10-18T21:00:43","guid":{"rendered":"https:\/\/wncen.com\/?p=473970"},"modified":"2024-06-11T13:59:35","modified_gmt":"2024-06-11T13:59:35","slug":"venezuelan-airport-to-accept-payment-in-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/venezuelan-airport-to-accept-payment-in-bitcoin\/","title":{"rendered":"Venezuelan Airport To Accept Payment In Bitcoin"},"content":{"rendered":"

One of Venezuela\u2019s major international airports is making preparations to start accepting Bitcoin as a mode of payment.<\/p>\n

The Sim\u00f3n Bol\u00edvar International Airport has announced arrangements for BTC, DASH, and Venezuela\u2019s oil-pegged crypto token \u2013 petro \u2013 for airport services.<\/p>\n

Preparations To Adopt Cryptocurrency As Payment<\/h2>\n

Previously, Venezuelan regional news broadcasting company, El Siglo<\/a>, reported that country\u2019s largest international airport is interested in cryptocurrency as a payment method.<\/p>\n

Venezuela\u2019s international airport giant, Sim\u00f3n Bol\u00edvar International Airport also called \u201cMaiquetia\u201d has announced its interest in using cryptocurrency for payments. The enormous airport is located 12 miles away from Venezuela\u2019s capital Caracas.<\/p>\n

Related Reading |\u00a0Bank Of England Seeks To Strengthen Cryptocurrency Regulations<\/a><\/em><\/strong><\/p>\n

Freddy Borges, the director of the Maiquetia, stated that as time transits quickly, Venezuelans should also evolve. He also announced that the massive airport would be accepting numerous digital currencies as a means of payment for flight reservations and sundry other services.<\/p>\n

Additionally, Borges said that Maiquetia\u2019s administrators would soon release new payment methods in collaboration with the country\u2019s National Superintendence of Crypto Asset and Related Activities.<\/p>\n

The adoption of digital currency payments at the airport will mark Maiquetia\u2019s commitments towards improvements Internationally. He noted that this would also rally cryptocurrency acceptance massively within the country and worldwide.<\/p>\n

Furthermore, the executive added that foreign tourists would take advantage of the crypto payments, including Russians.<\/p>\n

Venezuelan Central Bank Digital Currency<\/h2>\n

Currently, Venezuela is experimenting on its Central Bank Digital Currency (CBDC), a novel crypto-asset pegged to its national currency.<\/p>\n

The country also launched a CBDC as a Venezuelan digital Bolivar on the 1st<\/sup> of October. However, Venezuela’s central bank stated that the CBDC wouldn’t be worth more or less than the national token but only be used as a digitalized means of accessing the currency.<\/p>\n

\"Bitcoin\"<\/p>\n

BTC rises past new highs | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Beginning on the 1st<\/sup> of October, the CBDC was launched with one Venezuelan Bolivar having an equivalent value in its digitalized form. Even banknotes from 5 to 100 bolivars had their own digitalized equivalents.<\/p>\n
In addition, the Petro token was deployed in February 2018 as one of the country’s national digital currencies. Unlike the CBDC currency, which is backed up by the Venezuelan national currency, Petro is backed up by the nation\u2019s oil.<\/p>\n
Companies That Accepted Bitcoin As Payment Method<\/h3>\n
In August 2021, the Venezuelan carrier airport Turpial Airlines adopted a BTC-based payment option. Meanwhile, Caracas Air, the country’s biggest aviation training institute, offered their students discounts who paid via Bitcoin.<\/p>\n
Related Reading |\u00a0Bank of England Governor Still Isn\u2019t a Fan of Bitcoin<\/a><\/em><\/strong><\/p>\n
Also, the food industry is not slacking behind in accepting bitcoin, leveraging the crypto\u2019s fame within the country. For example, Pizza Hut began accepting Ethereum and Bitcoin payments last year November.<\/p>\n
Even Burger King had adopted DASH and Bitcoin as means of payment in January 2021 in over 40 of the country\u2019s restaurants.<\/p>\n
Featured image by Pexels, Chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
One of Venezuela\u2019s major international airports is making preparations to start accepting Bitcoin as a mode of payment. The Sim\u00f3n Bol\u00edvar International Airport has announced arrangements for BTC, DASH, and Venezuela\u2019s oil-pegged crypto token \u2013 petro \u2013 for airport services. Preparations To Adopt Cryptocurrency As Payment Previously, Venezuelan regional news broadcasting company, El Siglo, reported that country\u2019s largest international airport is interested in cryptocurrency as a payment method. Venezuela\u2019s international airport giant, Sim\u00f3n Bol\u00edvar International Airport also called \u201cMaiquetia\u201d has announced its interest in using cryptocurrency for payments. The enormous airport is located 12 miles away from Venezuela\u2019s capital Caracas. Related Reading |\u00a0Bank Of England Seeks To Strengthen Cryptocurrency Regulations Freddy Borges, the director of the Maiquetia, stated that as time transits quickly, Venezuelans should also evolve. He also announced that the massive airport would be accepting numerous digital currencies as a means of payment for flight reservations and sundry other services. Additionally, Borges said that Maiquetia\u2019s administrators would soon release new payment methods in collaboration with the country\u2019s National Superintendence of Crypto Asset and Related Activities. The adoption of digital currency payments at the airport will mark Maiquetia\u2019s commitments towards improvements Internationally. He noted that this would also rally cryptocurrency acceptance massively within the country and worldwide. Furthermore, the executive added that foreign tourists would take advantage of the crypto payments, including Russians. Venezuelan Central Bank Digital Currency Currently, Venezuela is experimenting on its Central Bank Digital Currency (CBDC), a novel crypto-asset pegged to its national currency. The country also launched a CBDC as a Venezuelan digital Bolivar on the 1st of October. However, Venezuela’s central bank stated that the CBDC wouldn’t be worth more or less than the national token but only be used as a digitalized means of accessing the currency. BTC rises past new highs | Source: BTCUSD on TradingView.com Beginning on the 1st of October, the CBDC was launched with one Venezuelan Bolivar having an equivalent value in its digitalized form. Even banknotes from 5 to 100 bolivars had their own digitalized equivalents. In addition, the Petro token was deployed in February 2018 as one of the country’s national digital currencies. Unlike the CBDC currency, which is backed up by the Venezuelan national currency, Petro is backed up by the nation\u2019s oil. Companies That Accepted Bitcoin As Payment Method In August 2021, the Venezuelan carrier airport Turpial Airlines adopted a BTC-based payment option. Meanwhile, Caracas Air, the country’s biggest aviation training institute, offered their students discounts who paid via Bitcoin. Related Reading |\u00a0Bank of England Governor Still Isn\u2019t a Fan of Bitcoin Also, the food industry is not slacking behind in accepting bitcoin, leveraging the crypto\u2019s fame within the country. For example, Pizza Hut began accepting Ethereum and Bitcoin payments last year November. Even Burger King had adopted DASH and Bitcoin as means of payment in January 2021 in over 40 of the country\u2019s restaurants. Featured image by Pexels, Chart from TradingView.com<\/p>\n","protected":false},"author":547,"featured_media":473977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,84492,6,1946,84494,84493],"class_list":["post-473970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-caracas-air","tag-dash","tag-ethereum","tag-simon-bolivar","tag-venezuelan"],"acf":[],"yoast_head":"\nVenezuelan Airport To Accept Payment In Bitcoin<\/title>\n<meta name=\"description\" content=\"One of Venezuela\u2019s major international airports is making preparations to start accepting Bitcoin as a mode of payment. 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