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TechFlow reports, according to BTC Map data, the number of merchants accepting Bitcoin reached over 6,300 in 2023—nearly triple the figure at the end of 2022.
Bitcoin-accepting merchants are spread globally, with concentrations particularly in Europe, the United States, and Latin America. While hundreds of merchants exist in the Philippines, East Asia has relatively fewer Bitcoin merchants due to China's cryptocurrency ban.
As of 2023, the number of merchants accepting Bitcoin has reached over 6,300, nearly triple the figure at the end of 2022. Bitcoin-accepting merchants are spread globally, with significant concentrations in Europe, the United States, and Latin America. While there are hundreds of such merchants in the Philippines, East Asia has relatively fewer due to China's ban on cryptocurrencies.
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