- In the United States, Ferrari will begin accepting payments in cryptocurrency for its luxury sports cars, a practice that will be expanded to wealthy customers in Europe in the future.
Most blue chip companies avoid cryptocurrencies because the volatility of Bitcoin and other tokens makes them difficult to trade. Lack of regulation also hinders the spread of cryptocurrency as a means of payment.
For example, electric car maker Tesla (NASDAQ:TSLA), which began accepting payments in the largest cryptocurrency Bitcoin in 2021, abandoned this idea. The company's CEO, Elon Musk, explained this by the unenvironmental friendliness of BTC mining.
Ferrari Marketing and Commercial Director Enrico Galliera noted that the introduction of new software and a massive transition to renewable sources has practically solved this problem.
#cryptoshark #CryptoNews #CryptoLady #BTC $BTC 
