Ferrari accepts cryptocurrency payments, which means that the wealthy class has accepted cryptocurrency.

Ferrari will expand its cryptocurrency payment service to Europe by the end of July

July 24 news, according to CoinDesk, Ferrari will expand its cryptocurrency payment service to Europe by the end of July. The luxury sports car manufacturer headquartered in Maranello, Italy, began working with BitPay to accept cryptocurrencies in the United States in October last year. Accepted tokens include Bitcoin, Ethereum and USDC.

Reuters quoted a statement from Ferrari saying that Ferrari is currently expanding the program to Europe "to support dealers to better meet the changing needs of customers". The company plans to expand the service to other markets by the end of 2024.