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Gucci starts accepting crypto payments

Gucci starts accepting crypto payments

At first, the company will accept 10 digital assets, including such meme coins as Dogecoin and Shiba Inu.

According to Bloomberg, Gucci is going to start accepting cryptocurrency payments in some of its stores in the U.S. at the end of May. Customers visiting stores in New York, Los Angeles, Miami, Atlanta, and Las Vegas will be able to pay with digital assets.

In the summer, such a payment option will appear in all of the brand's U.S. stores. Initially, the company will accept 10 cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, and Shiba Inu.

In February 2022, François-Henri Pinault, Chairman and CEO of Kering, which owns Gucci, said that fashion houses had innovative teams that were exploring possibilities related to the metaverse and Web3, the future of the Internet.

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