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March 02, 2024

Bitcoin Island being developed in PH

A resort in Boracay is set to cater to BTC holders and to promote crypto tourism.

A resort is set to be developed in Boracay, called “Bitcoin Island”, to promote crypto tourism, accepting crypto as its main payment method. Pouch, an e-wallet service, has been actively promoting Bitcoin’s use in Boracay. Bankero Bill Mill said that over 120 businesses in the island have agreed to utilize Bitcoin as a payment method.

The company aims to further promote quicker and less expensive Bitcoin transactions as a payment and fund transfer method.

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