Ferrari to accept crypto payments for its cars in Europe

(ANSA) - ROME, JUL 24 - Ferrari will extend the payment system in cryptocurrency for its luxury sports cars to European dealers starting at the end of July after successfully introducing the scheme in the United States less than a year ago as an alternative payment method.
    The Maranello-based company said it will also extend cryptocurrency transactions by the end of 2024 to other countries that are part of Ferrari's international dealership network in which they are legal.
    Ferrari said it is cooperating with various companies active in the cryptocurrency payment sector to ensure transaction safety.
    The majority of the carmaker's European dealers are in the process of adopting the new payment scheme in addition to traditional systems, Ferrari said. (ANSA).