CoinVoice has recently learned that according to Cryptonews, Ferrari has announced plans to expand crypto payment options for its luxury sports cars to its European dealers starting at the end of this month. It said that by the end of 2024, it aims to offer this payment method to more international dealers in countries that legally accept cryptocurrencies.

“Following the positive reception of this alternative payment system in the US, our entry into the European market is a natural progression to support dealers in meeting the evolving needs of our customers,” the company said.

The company stressed that countries with strict restrictions on cryptocurrencies, such as China, will not be included in the launch.

According to the latest news, Ferrari (RACE.MI) Marketing and Business said that its luxury sports car business in the United States has begun accepting cryptocurrency payments and will expand the program to Europe based on customer requests. [Original link]