Gucci will start accepting cryptocurrency payments

More and more companies and institutions are entering the crypto industry, which will ultimately have a very positive impact on the next bull-run, which will sooner or later come. These companies have recently been joined by the world-famous Italian luxury brand Gucci, owned by the French company Kering, which will start accepting cryptocurrency payments at some of its stores in the United States, allowing customers to pay using a number of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.

The service will be launched later this month at some of the company’s flagship stores, including Rodeo Drive in Los Angeles and Wooster Street in New York. The company said it would also accept payments in Shiba Inu and Dogecoin – the so-called “meme” cryptocurrency, which was originally created as a joke. In addition to Gucci, other global brands are already adopting digital currencies, including technology giant Microsoft, US telecommunications firm AT&T and Starbucks, and Bitcoin has become legal tender in two countries in El Salvador and the Central African Republic.