First Mover Asia: Thailand Has Already Proven Why Taking Crypto for Luxury Items Isn't Working

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Thailand banned cryptocurrency as a payment method earlier this year. Will luxury brands such as Gucci face similar headwinds as they ramp up crypto initiatives? TheSamReynolds and JPRubin23 report

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

gucci thesamreynolds JPRubin23 The only thing with about Gucci that is upset USDT is not accepted in their shops.

gucci thesamreynolds JPRubin23 Gucci sell overpriced items so even if they recieve payment and $btc dumps to 25k (which it will) I guess gucci will be fine

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

First Mover Asia: Events in China, India Have Also Weighed on Crypto PricesRecent events in Asia and beyond offer the latest evidence that crypto is a complex organism, global by nature and subject to the same issues and events that affect other assets; BTC jumps after the Fed's rate hike. shauryamalwa and JPRubin23 report shauryamalwa JPRubin23 TDG endorsed by Japanese artist aoi_sola is a great project. will work with elon to solve the problem of global poverty. I believe that one day elonmusk will bring tdg to Mars. Tesla will accept tdg as payment. contract address:0xd02193a88ff17d40c0bb97d316067b3fd4cb3b9d shauryamalwa JPRubin23 That's a surprise. I'll keep my USDT and BTC. shauryamalwa JPRubin23 Feel Bitcoin is too risky to invest in? Then you haven't gotten the right information, I'm willing to show 10 lucky people how to earn 1 BC($41,910) and more daily- interested only persons should kindly send us a DM to get started
Source: CoinDesk - 🏆 291. / 63 Read more »

Karine Jean-Pierre to Become First Black Woman and First Openly Gay White House Press SecretaryShe will replace Jen Psaki, who is leaving her post in front of the press corps to join MSNBC, on May 13 Wow she must be really excellwnt at her work to rise this high in spite of being black and gay. What a joke. She was obviously just a new age attempt at “checking all the right boxes” How the hell could you ever feel legitimate if you were her. Yeah that’s cool and all…but how good does she lie?
Source: RollingStone - 🏆 483. / 51 Read more »

First Alert Weather Day after 4PM as storms begin in the westIt's warm and muggy as we wait for the stormy weather. We're expecting storm development to begin out west early this afternoon, but we'll watch after 2:00 p.m. to see where the storms initialize.
Source: CBS DFW - 🏆 542. / 51 Read more »

The Red Flags Were Absolutely FLYING On These 27 Nightmarish First Dates'I turned my head to the side and went for a friendly hug instead of his attempted kiss, and his bowels UNLOADED.'
Source: BuzzFeed - 🏆 730. / 51 Read more »

Giants Observations: Carlos Rodón Sharp But Dodgers Take First MeetingJulio Urias threw six shutout innings against a depleted lineup and the bullpen took it from there as the LADodgers won 3-1, handing the SFGiants their fourth loss in five games.
Source: nbcbayarea - 🏆 596. / 51 Read more »

MicroStrategy Suffers $170.1M Impairment Loss on Bitcoin in First Quarter of 2022 | CoinMarketCapMicroStrategy Suffers $170.1M Impairment Loss on Bitcoin in the First Quarter of 2022 😲 Still, Michael Saylor tweeted: 'I would buy all your Bitcoin for $25.' Tomcoin_bsc 🔥🚀😍 I miss the funny react emoji at twitter when I see his tweets 🤣 I give them all $26😄
Source: CoinMarketCap - 🏆 290. / 63 Read more »