INSUBCONTINENT EXCLUSIVE:
Ferrari announced earlier this week that they have started accepting cryptocurrency for their luxury cars in the United States 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 United States launch.They will accept Bitcoin, Ether,
many will be in 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 United States , 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