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Home Cryptocurrency

Venezuela’s Caracas Airport Turns To Cryptocurrency

admincrypto by admincrypto
October 17, 2021
in Cryptocurrency
Venezuela’s Caracas Airport Turns To Cryptocurrency
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Caracas International Airport (CCS) announced it will start receiving cryptocurrencies as payment. It is the latest member of the Venezuelan aviation industry to turn into the cryptocurrency trend as the political and economic situation in the South American country worsens. Let’s investigate further.

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شركة سهم كابيتال تفتتح مكتباً جديداً في جدة لتعزيز دعم المستثمرين مع استمرار نمو قاعدة المستخدمين

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Caracas Airport
Caracas International Airport will receive cryptocurrency payments. Photo: Getty Images.

Which cryptocurrency will CCS accept?

On October 7, the general director of Caracas International Airport, colonel Freddy Borges Flores, held a press conference to talk about the latest developments at CCS.

He talked about how the airport is working with the National Superintendence of Cryptocurrency Assets and Related Activities (Sunacrip, in Spanish) in Venezuela. These two Government entities are working towards the installation of infrastructure that can sustain payment with cryptocurrencies.

The Venezuelan airport will receive payment with cryptocurrencies like Dash, Bitcoin, and even the national digital currency, Petro.

Borges added,

“We need to advance these new economic and technological systems to be accessible. We will activate a button for cryptocurrency payments on the airport platforms and commercial activities in coordination with Sunacrip.”

Venezuela’s government is currently promoting digital currency adoption. According to Borges, the new crypto payment options should benefit tourism going into Caracas and Venezuela.

Not only domestic travelers but also foreign visitors will be able to pay using their crypto wallets.

Turpial Airlines
Turpial Airlines also accepts cryptocurrency payments. Photo: Getty Images.

Other Venezuelan companies accepting Bitcoin

In August, we reported that the Venezuelan carrier Turpial Airlines would start receiving bitcoin payments. This decision would help the airline cope with the local currency hyperinflation.

The South American airline is also accepting payment through PayPal and Zelle, according to an official statement.

Similarly, State…

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