While Honduras’ interest in the Salvadoran example of Bitcoin adoption was already known, today we learn of the official launch of a “Bitcoin Valley”, a Bitcoin-friendly zone, deployed in the Honduran tourist enclave of Santa Lucia.
It’s news reported by Reuters and may be a landmark in the history of Bitcoin’s spread as a legal, functional and accepted currency in more and more economic zones. Thus, despite the reserves of its own central bank the Honduran authorities have formalized the launch of an initiative called “Bitcoin Valley”, in the tourist area of the municipality of Santa Lucia, a small town in the mountains, 20 minutes from the capital Tegucigalpa.
“People can buy ice cream with crypto in the streets of the “Bitcoin Valley”. This will open up more opportunities and attract more people who want to use this currency.”Cesar Andino, manager of the Los Robles shopping plaza.
In fact, this “Bitcoin zone” will initially involve about 60 businesses. The initiative was developed jointly by the organization Blockchain Honduras, the Guatemalan consortium of crypto exchanges Coincaex, the Technological University of Honduras and the municipality of Santa Lucia.
After El Salvador, Latin America continues to establish itself as a land of innovation for Bitcoin initiatives. A first step for Honduras to eventually join the ranks of the first “Bitcoin-Nations”?