Cryptocurrency Step from Ferrari: These 3 Coins Can Be Supported in the European Market!

Italy-based luxury sports car manufacturer Ferrari will bring its support for cryptocurrencies to Europe.

According to the news reported by Reuters on July 24, Ferrari decided to move cryptocurrency payments to Europe. It was noted that this step will be taken by the end of July and there will now be cryptocurrency payment support for vehicle sales based in Europe.

It was emphasized that the company plans to expand its cryptocurrency payment service to other regions by the end of the year. In the statement made by the Ferrari board of directors, it was stated that this step was aimed at meeting changing customer demand.

Maranello, the Italian company behind Ferrari, started accepting cryptocurrency payments in October last year in partnership with BitPay. But this was an offer valid only for US citizens.

Ferrari currently accepts payments in Bitcoin (BTC), Ethereum (ETH) and USD Coin (USDC). Although it is not yet clear which cryptocurrencies will be supported for European integration, it is thought that Bitcoin, Ethereum and USDC will probably be supported, as in the USA.