The Venezuelan branch of fast-food outlet Burger King has started accepting cryptocurrency payments, and plans to expand the option to 40 locations across the country.
Via Twitter Cryptobuyer, a Latin American platform to buy and sell digital currencies, confirmed that currently only one location is accepting crypto, but the fast-food chain plans to expand crypto adoption. At the location, it’s possible to pay using BTC, ETH, LTC, BNB, Dash, and Tether’s USDT.
The move is a result of a partnership between Cryptobuyer and Burger King Venezuela, according to Dash executive Ernesto Contreras. Burger King itself hasn’t yet made any announcement regarding cryptocurrency payments but did retweet articles on the move. Other reports suggest Burger King in Slovenia is accepting Bitcoin Cash.
Jorge Farias, Cryptobuyer CEO praised South America and Venezuela in particular, for being positive about cryptocurreny and crypto investments..
He said,
“The growth of Cryptobuyer in South America, especially in Venezuela, is another example of how this region is ahead of the curve in adopting cryptocurrency as a real method of payment.”