INSUBCONTINENT EXCLUSIVE:
Ferrari announced earlier this week that they have started accepting cryptocurrency for their luxury cars in the U.S.Next, they plan to
bring this payment option to Europe
Enrico Galliera, the head of sales, said the move comes from customer and dealer demand.Most companies have avoided crypto payments so far
They worry about unstable prices and unclear rules.Tesla tried it last year but stopped because of environmental issues
However, Ferrari has partnered with BitPay, a leading crypto payment company, for its U.S
launch.They will accept Bitcoin, Ether, and USDC
crypto.Ferrari sent 1,800 cars to the Americas in the first half of this year
Last year, they sold 13,200 cars.Ferrari Now Accepts Crypto in the U.S., Plans for Europe
crypto payments in Europe next year
Their partnership with BitPay shows this readiness
They are also planning to bring this to Europe soon.This move may attract rich buyers who own digital currencies
