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Honduras attracts crypto investor tourists with Bitcoin Valley

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A small tourist town in Honduras has begun accepting Bitcoin payments as part of the “Bitcoin Valley” initiative designed to increase tourism revenue across 60 local businesses.Some locals of Santa Lucia, like shopping mall owner Cesar Andino, expect the initiative to open up more opportunities for shops in the area and “attract more people who want to use this currency,” according to a report from Honduran news outlet La Prensa.

Andino added:The program started on July 28, allowing patrons of local area shops to pay with United States dollars, Honduran Lempira, or Bitcoin (BTC).Santa Lucia’s municipal government developed the Bitcoin Valley program in conjunction with the Coincaex crypto exchange, Blockchain Honduras, and the Technological University of Honduras.

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