Ferrari Accepting Bitcoin And Other Cryptocurrencies As Payment For Cars – WorldNewsEra

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In another win for the crypto bros of the world, Ferrari has just announced it will start accepting cryptocurrency for its vehicles sold in the US, meaning you can buy a Ferrari 296 GTB with cold, hard, digital cash like Bitcoin. Speaking to Reuters, the company says it has partnered with BitPay to handle the processing of Bitcoin, Ether, and USDC transactions for its dealers. Enrico Galliera, Ferrari’s Chief Marketing and Commercial Officer, told the publication the move has come from repeated interest by its clientele. “Some are young investors who have built their fortunes around cryptocurrencies,” he said. “Some others are more traditional investors, who want to diversify their portfolios.” The company has been enjoying record profits in recent years, delivering 13,221 vehicles worldwide just last year. We expect this move to prove popular amongst the many new millionaires that have popped up since the crypto craze first started over a decade ago.

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