Ferrari has announced that it will accept cryptocurrency payments for its luxury sports cars in the United States and plans to expand to Europe. The decision was driven by market demand and dealer requests, with many clients, including young crypto-savvy investors, investing in digital currencies. Ferrari aims to connect with potential buyers beyond its usual clientele and has partnered with BitPay, a major cryptocurrency payment processor, to facilitate transactions in Bitcoin, Ether, and USD Coin. There will be no additional fees or surcharges, as BitPay will promptly convert the cryptocurrency payments into fiat currency for Ferrari's dealers, ensuring they are shielded from price fluctuations.
Ferrari has announced that it will accept cryptocurrency as payment for its luxury sports cars in the United States, with plans to extend the scheme to Europe. The decision comes in response to requests from wealthy customers who have invested in crypto. Ferrari has partnered with BitPay, one of the largest cryptocurrency payment processors, to facilitate the transactions. The company aims to connect with a broader audience and diversify its clientele. Prices will remain the same, and BitPay will convert the cryptocurrency payments into traditional currency to protect dealers from price volatility. Ferrari's Chief Marketing and Commercial Officer confirmed the company's commitment to carbon neutrality by 2030.
Entrepreneur Vivek Ramaswamy has become the second US presidential candidate to accept Bitcoin donations, following Robert F. Kennedy Jr.'s announcement two days ago. Ramaswamy made the announcement at the Bitcoin 2023 conference in Miami, where he encouraged others to make the 2024 election "a referendum on fiat currency." Donors will be awarded a non-fungible token (NFT) that can be claimed upon donating. Accepting Bitcoin donations opens a new avenue for political fundraising and Ramaswamy predicts that it will further fuel his fundraising efforts.
US presidential candidate Vivek Ramaswamy has become the second 2024 presidential candidate to accept Bitcoin donations for his campaign. Ramaswamy flashed a QR code on stage at Bitcoin 2023 in Miami, redirecting users to a payment gateway that offers various payment options for donations, including BTC and satoshis. BitPay's payment service will be used to receive Bitcoin donations. Eligible US citizens and permanent residents can donate up to $6,600 for the campaign, and donors will be awarded a nonfungible token (NFT).
