25 C
New York
Saturday, October 16, 2021

Buy now

Bitcoin payments reached El Salvador’s water

Days go by and El Salvador continues to adapt to bitcoin as legal tender. On this occasion, in the state water supply service, the National Administration of Aqueducts and Sewers (ANDA), it will be possible to pay with cryptocurrency.

ANDA reported this Wednesday, September 22, that it is already possible pay with bitcoin for the services and procedures that concern the entity. This adoption begins in a first group of 5 agencies of the state institution: Las Cascadas, Metrosur, GalerĂ­as, Apopa and Soyapango.

Through a publication via Twitter, the state company stated that payments with bitcoin will be through the Chivo Wallet, the wallet created by the government of Nayib Bukele to use the cryptocurrency in the country.

Additionally, ANDA stated that the new payment method will soon reach other offices in the country: “It will soon be available at other of our agencies nationwide.”

ANDA announced the adoption of bitcoin payments in five agencies. Source: Twitter.

Two weeks after the entry into force of the Bitcoin Law, which makes BTC legal tender in Salvadoran territory, the implementation of payments is done gradually.

Before ANDA, for example, Banco Hipotecario de El Salvador had already made a similar announcement. Salvadorans can pay for loans and services of the institution with bitcoin through Chivo Wallet in a select group of agencies to which they would incorporate others.

High demand for ATMs and the Chivo wallet

Despite having started with operational setbacks and the burning of a Chivo ATM during a demonstration of opponents of the Bukele government, Demand for using bitcoin with ATMs and the government wallet remains at a high level.

Bukele himself announced a few days ago that the equivalent of a quarter of the population already used Chivo Wallet, as reported by CriptoNoticias. On the other hand, the Salvadoran streets have been kept with long lines to use the bitcoin ATMs arranged by the government.

There are those who attribute it to the search to exchange the BTC bonus granted by the authorities for dollars, although others have reported a broad purchase intention of cryptocurrency on those machines.

Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

Related Articles


Please enter your comment!
Please enter your name here

Stay Connected


Latest Articles