Ferrari will extend its provision for cryptocurrency payments to Europe by the end of July, stating that the move aims to support dealers in better addressing the evolving needs of its clients.
Despite the popularity of cryptocurrency as an investment tool, major companies accepting it as payment remain rare, likely due to a potential lack of customer demand, especially in concerns over the coins' increasing value.
Luxury items like cars, which retain long-term value, might be exceptions to the hesitation of crypto holders to spend their coins on everyday purchases.
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