Ferrari extends cryptocurrency payment system to Europe after US launch

Ferrari has announced that it will extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network from the end of this month, after starting in the United States last year.

The Italian company will also extend the scheme by the end of 2024 to other dealers of its international network, in countries where cryptocurrencies are legally accepted, it said in a statement.

Although the vast majority of blue-chip companies have steered...