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This Article is From Sep 08, 2021

Starbucks, Pizza Hut and McDonald’s Take Bitcoin in El Salvador

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Goenka Business & Finance Ltd.
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Cosco (India) Ltd.
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Nifty Top 20 Equal Weight
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MSCI World
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Pritika Auto Industries Ltd
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Cons Discretionary Goods & Serv
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Space Incubatrics Technologies Ltd.
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Food and drink franchises including Starbucks Corp. and Pizza Hut Inc. are receiving payments in Bitcoin after El Salvador adopted the cryptocurrency, according to President Nayib Bukele. 

Twitter users also reported being able to pay for breakfast at McDonald's with Bitcoin on Tuesday, the first day on which it became legal tender in the Central American nation. 

Read more: Biggest Test in Bitcoin's 12-Year History Has a Rocky Start

Businesses are required to accept Bitcoin in exchange for goods and services, though merchants who are technologically unable to receive the e-currency are exempt from the law.

©2021 Bloomberg L.P.

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