Ferrari starts accepting cryptocurrency payments in Europe at the end of July

Ferrari started accepting cryptocurrency payments in Europe at the end of July. Ferrari announced on the 24th that its European dealers will accept cryptocurrency as a payment system from the end of July.

It is working with several companies in the field of cryptocurrency payments to develop its system, which will facilitate dealers to accept payments, will allow verification of the source of funds, and protect transactions from exchange rate-related price fluctuations.

The Italian automaker said the move is aimed at supporting dealers to better meet the changing needs of customers.