Ferrari ($RACE) to Expand Crypto Payment Options to Europe by End of July

Jul 24, 2024, 11:43 AM

Ferrari, the luxury car manufacturer, will expand its cryptocurrency payment options to Europe by the end of July, according to Reuters. This follows the successful launch of crypto payments in the U.S. last October, where Ferrari began accepting Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC) via BitPay. The move aims to meet the evolving needs of Ferrari's wealthy clientele, who have shown significant demand for digital asset payment options. Ferrari's stock is traded under the ticker symbol $RACE.