Honduras launches 'Bitcoin Valley' in the tourist town of Santa Lucia

A man checks his cryptocurrencies app during the kick off of the 'Bitcoin Valley' project that seeks to establish a Bitcoin circular economy through the use of cryptocurrencies, in Santa Lucia, Honduras July 28, 2022. REUTERS/Fredy Rodriguez

(Reuters) - People can pay for a slushie with crypto in the streets of "Bitcoin Valley," a project in the Honduran tourist enclave of Santa Lucia through which the country has entered the digital currency trend.

The small town in the mountains, 20 minutes from the capital Tegucigalpa, has become a bitcoin city.