Fast Food Giant McDonald’s Now Accepting Bitcoin in El Salvador

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Bitcoin Magazine 07 September, 2021 - 09:55am 10 views

When did El Salvador adopt Bitcoin?

The 3,600 residents of El Zonte, El Salvador, began to embrace bitcoin in 2018 with the support of U.S. donors through the development of Bitcoin Beach, a local e-wallet. There was little activity at the Chivo kiosk in the busy Antiguo Cuscatlán square in the country's capital on Tuesday. The Wall Street JournalEl Salvador Becomes First Country to Adopt Bitcoin as National Currency

Fast Food Giant McDonald’s Now Accepting Bitcoin in El Salvador

CNBC 07 September, 2021 - 09:55am

Although the law stipulates that businesses must accept Bitcoin, many were skeptical that large businesses would be able to integrate Bitcoin payment solutions by the time the law went into effect.

It has yet to be verified whether other major American companies in El Salvador, such as Nike and Walmart, have also enabled Bitcoin payments. 

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