Odaily Planet Daily News Ferrari will expand its cryptocurrency payment terms to Europe by the end of July. The company began working with BitPay in October last year to accept cryptocurrency payments in the United States, including BTC, ETH, and USDC. According to an official statement, Ferrari is now expanding the program to Europe "to support dealers to better meet the changing needs of their customers." The company plans to expand this service to other markets by the end of 2024. (Reuters) Last October, Ferrari Chief Marketing and Commercial Officer Enrico Galliera said the company had begun accepting cryptocurrencies in the United States to pay for its luxury sports cars and would expand the program to Europe at the request of its high-net-worth customers. Galliera said that cryptocurrencies can reduce carbon footprints by introducing new software and using more renewable resources.