The project Bitcoin Dominicana has been making major progress growing the #Bitcoin circular economy in the #DominicanRepublic. They are one of the recipients of our recent Bitcoin Beach Grants for Bitcoin Circular Economies, an initiative on which FBCE partnered with Bitcoin Beach (El Salvador) and
@Geyser.
Bitcoin Dominicana's efforts have begun receiving a LOT of public and media attention, including the recent article below. While the article needs correction that we are talking about Bitcoin only and not "other crypto", and that businesses are only accepting Bitcoin as payment, it is good to see media tuning in.
Here is the English translation of the article.
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More and more businesses in the Dominican Republic are accepting bitcoin.
So far, 41 businesses accept bitcoin and cryptocurrencies as a means of payment on the island.
Key facts:
✅ Bitcoin Dominicana affirms that the growth of businesses accepting BTC “has been constant.”
✅ The Dominican Republic is the Caribbean island with the most locations within the Bitcoin ecosystem.
The adoption of bitcoin (BTC) and cryptocurrencies among businesses in the Dominican Republic is increasing. More than 40 locations already accept these digital assets as means of payment, according to
@BTC Map data.
On its website, the monitoring platform indicates that 41 businesses on the island accept crypto assets for payments. Thus, the Dominican Republic is positioned as the second largest island in the Caribbean Sea with the most businesses adopting cryptocurrencies.
@BTC Map shows that the majority of Dominican merchants that accept BTC and cryptoassets as payment are located in the capital, Santo Domingo. There is also a presence of stores in Punta Cana, Samaná, Santiago de los Caballeros, Puerto Plata and Cabarete.
According to what
@BTC Map shows, restaurants, supermarkets, wineries, recording studios, technology stores, skateparks, cafes and even textile factories in the Dominican Republic accept #BTC and cryptocurrencies as means of payment.
With its 41 businesses, the Dominican Republic surpasses Cuba (32), Puerto Rico (7) and San Martín (6) in the number of locations accepting Bitcoin. Although it is still behind Curacao, which is the Caribbean island with the highest number of businesses that adopted crypto assets (79).
Most businesses that now accept BTC and crypto assets as payment in the Dominican Republic have the support of the Bitcoin Dominicana organization, which is dedicated to promoting the BTC economy in that country.
Bitcoin Dominicana said that the growth of businesses that accept cryptoassets as payment “has been constant.” This, highlighting that since last year the number of locations that adopted BTC and cryptocurrencies has increased.
This indicates a “consolidation of our Bitcoin circular economy into something special for participating business owners and our country,” according to the organization.
Cada vez más comercios de República Dominicana están aceptando bitcoin
