Starbucks And McDonald's Now Accept Bitcoin In El Salvador

Global fast-food giant McDonald’s Corp MCD and multinational coffeehouse Starbucks Corporation SBUX have begun accepting Bitcoin BTC/USD as payment — but only in El Salvador.

What Happened: Tuesday marked the day that El Salvador’s Bitcoin Law came into effect, officially making Bitcoin legal tender in the country.

Aaron van Wirdum, a journalist at Bitcoin Magazine, shared his “paying for breakfast with Bitcoin” experience with his Twitter followers on Tuesday.

Similarly, videos of QR codes being scanned to pay directly with Bitcoin in one of El Salvador’s Starbucks outlets also emerged on Twitter on the same day.

 

Photo: Athar Khan on Unsplash

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsRestaurantsGlobalMarketsGeneralBitcoinEl Salvador
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!