You will soon be able to use Bitcoin to buy Gucci

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

Luxury brand Gucci has announced that it will accept cryptocurrency payments at select locations.

For the pilot project, customers will be able to pay with cryptocurrency at locations in New York, Los Angeles, Miami, Atlanta and Las Vegas starting at the end of May.This summer, the program will be expanded to Gucci's full North America network, according to a press release shared with CNN.Customers will soon be able to pay for their purchases with over 10 cryptocurrencies, including widely recognized coins like Bitcoin , Ethereum and 5 USD-pegged stablecoins .

This is not the brand's first foray into the world of cryptocurrency and digital assets. In March, Gucci debuted the Gucci Vault, a digital store representing"Gucci's presence in the metaverse," which it plans to use to sell digital assets alongside real-life clothing. The brand has also released NFTs in collaboration with major players in the NFT world, like Bored Ape Yacht Club and Cool Cats.

Source: Digital Coin News (digitalcoinnews.net)

 

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

Buy one fake thing with another fake thing. Makes sence.

Wow! That will change my life. One step further to end world hunger.

More important news from CNN.

tshepiinthlane

Good idea going with current big flow.

genesimmons As soon as i saw BITCOIN, i knew the tweet would be from uncle Gene ! 😂👍🏻

Gotta keep it easy for criminals to spend their money gucci

Once I get my PhD My husband must call me Dr sweetheart even my kids will call me Dr mummy if they think is easy let them go and collect let me see 😂🤣

No I won't.

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:

 /  🏆 4. 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.

From Bitcoin to Dogecoin: Gucci Will Soon Accept Cryptocurrency at US StoresBy the end of May, the Italian fashion label will accept Bitcoin, Ethereum, Dodgecoin and more at select boutiques.
Source: RobbReport - 🏆 309. / 63 Read more »

Gucci Furthers Its Stake in BlockchainMarking the first endorsement by a major player in the fashionindustry, Gucci will expand its mode of payment to include more than ten cryptocurrencies. See more here. web3 Can’t believe we get all of this information for free! Good work!
Source: Luxuo - 🏆 571. / 51 Read more »

Podcast: Markets Mayhem, Elon Musk 'Steals' Picture, Gucci Accepts SHIB — Weekly News Roundup | CoinMarketCapIt's the weekend! 🤩 Catch up on the week's top crypto stories on the CoinMarketRecap podcast with ConnorSephton and MollyJZuckerman 📰 Subscribe to us for free on Apple Podcasts, Spotify and Google Podcasts to get notified when daily episodes drop! 🔥 ConnorSephton MollyJZuckerman Ruffle inu!! ConnorSephton MollyJZuckerman Cheems inu $1
Source: CoinMarketCap - 🏆 290. / 63 Read more »

Search on for victims after Cuba luxury hotel blast kills at least 26HAVANA (AP) — Relatives of the missing in Cuba’s capital desperately searched Saturday for victims of an explosion at one of Havana's most luxurious hotels that killed at least 26 people. They checked the morgue, hospitals and if unsuccessful, they returned to the partially collapsed Hotel Saratoga, where rescuers used dogs to hunt for survivors. A natural gas leak was the apparent cause of Friday’s blast at the 96-room hotel.
Source: komonews - 🏆 272. / 63 Read more »

Explosion at luxury Havana hotel kills 18, injures dozensA powerful explosion apparently caused by a gas leak killed at least 18 people, including a pregnant woman and a child, and injured dozens Friday when it blew away outer walls from a luxury hotel in the heart of Cuba’s capital.
Source: WTVYNews4 - 🏆 590. / 51 Read more »

Luxury celebrates love, family with Mother’s Day tributesWhile it is hard to believe that Mother’s Day is this weekend, the luxury industry has been fueling excitement over the last few weeks for the celebration of motherhood.
Source: LuxuryDaily - 🏆 325. / 59 Read more »