Italian giant Ferrari has announced that it will also accept cryptocurrency payments in European countries.
Italian super sports car manufacturer Ferrari is taking an important step by closely following the developments in the cryptocurrency world.
The company announced that it will accept cryptocurrency payments in its sales in Europe starting at the end of this month.
Last year, Ferrari offered its customers living in the US the option to pay with cryptocurrencies.
Ferrari plans to include international payments by the end of the year, not limiting the cryptocurrency payment system to Europe.
The company aims to have a fully global cryptocurrency payment system ready by the end of 2024.
For its operations across Europe, Ferrari will work with many companies, thus ensuring the security of payments.
Thanks to the verification of payment sources, payments made will not be affected by fluctuations in crypto prices.
It is estimated that the Italian giant will accept Bitcoin, Ethereum and USDC in its operations in Europe.
This decision by Ferrari is considered an important turning point in the acceptance of cryptocurrencies in the luxury automobile sector. This move could prompt other automakers to adopt similar practices.
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