As a result of the massive introduction of Bitcoin (BTC) in El Salvador, Volaris El Salvador, a local subsidiary of Mexican low-cost airline Volaris, will accept bitcoins as payment.

The move to bitcoin comes a month after El Salvador’s aviation authorities granted permission for its local subsidiary Volaris to operate in the country.

El Salvador’s president, Nayib Bukele, tweeted that the airline will accept bitcoins.

At a recent Volaris event hosted on Twitter, President Bukele emphasized that the ability to pay with the government’s Bitcoin and Chivo wallets “allows us to expand our travel offering to Salvadorans.”

The Bukele government continues to encourage residents to use bitcoin for payments and has also offered fuel subsidies. The country reinvested previously unrealized $4 million in bitcoin earnings to fund infrastructure development projects such as a veterinary hospital.

On the topic: Venezuela’s international airport accepts payments in bitcoin: reports

Following in the footsteps of El Salvador, Venezuelan airport authorities are planning to start accepting bitcoin and other cryptocurrencies as payment for tickets and other services.

According to Cointelegraph, Simon Bolivar International Airport, in collaboration with the National Cryptoasset Authority and related activities, wants to revitalize crypto payments as a way to meet local industry standards.

According to airport manager Freddy Burgess, the airport will accept payments in bitcoin, dash and petro, publicly issued oil-backed tokens. Borges indicated his desire to incentivize the use of cryptocurrency, saying, “We must move forward with these new economic and technological systems to be available.”

Source: CoinTelegraph

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