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Home Crypto News Market President Nayib Bukele Said El Salvador Airline Volaris Now Accept Bitcoin

President Nayib Bukele Said El Salvador Airline Volaris Now Accept Bitcoin

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El Salvador President Nayib Bukele announced that the local airline Volaris El Salvador will accept payment for tickets in bitcoins.



As a result of the massive adoption of bitcoin in El Salvador, Volaris El Salvador, a subsidiary of Mexican low-cost airline Volaris, will begin accepting bitcoins as payment.

The news was announced on Twitter by Salvadorian President Nayib Bukele a month after the El Salvadorian authorities issued a permit to the local Volaris subsidiary to operate in the country.

“We have a Salvadoran airline with low-cost tickets, accepting #Bitcoin,” Bukele wrote.

 

At a recent Volaris event, President Bukele stressed that if residents pay with Bitcoin and use the Chivo wallet, it will allow the government to increase the number of flights.

The Bukele government encourages citizens to use bitcoin for payments and has offered Chivo wallet users a discount on fuel payments.

The country has already reinvested $4 million worth of unrealized bitcoin gains to fund infrastructure projects.

In early November, the international airport of Maiketia named after Simon Bolivar in Venezuela also began accepting DASH and BTC cryptocurrencies, as well as the state cryptocurrency Petro to pay for air tickets.

Read more On El Salvador:

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Mark Brennanhttps://thecryptobasic.com/
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.

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