Ferrari has allowed cars to be purchased in Europe using cryptocurrency. Previously, this option was only available to US residents. Reuters writes about this.
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The company has entered into an agreement with the BitPay service. It allows transactions in Bitcoin, Ethereum and USDC.
Ferrari does not rule out introducing an initiative in a number of other countries where cryptocurrency can be legally used in payment transactions.
As part of the partnership, BitPay instantly converts cryptocurrency payments into traditional currency on behalf of Ferrari dealers, protecting them from price fluctuations and eliminating commissions for customers.
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