Pizza Hut Venezuela, one of the oldest restaurant chain, is now accepting bitcoin and other cryptocurrencies as payment.
Accepting сrypto has been possible thanks to a partnership with Cryptobuyer crypto exchange. Customers can pat for orders with bitcoin, Dash and XPT, a CryptoBuyer’s inner token.
Pizza Hut has joined a growing list of companies that accept cryptocurrencies as a way to boost their finances.
Sanctions from the United States have driven the national currency into the ground as the country continues to face hyperinflation. The government is also promoting the use of the national digital currency petro in the country.
As previously reported, back in September, the government of Venezuela legalized cryptocurrency mining with the caveat that all local miners have to obtain licenses from the government and to be supervised by regulators. The centralization of mining power means that the government can determine miners’ income from the pool and pay out the contributions.