in , , , , , , ,

McCrypto: McDonald’s Accepts Bitcoin in the Swiss City of Lugano

McCrypto: McDonald's Accepts Bitcoin in the Swiss City of Lugano thumbnail

McCrypto: McDonald’s fast-food chain began accepting Bitcoin payments in the Swiss city of Lugano.

Crypto enthusiasts published a video of them ordering food through the McDonald’s electronic kiosk. They then paid in cryptocurrency via a mobile app.

In addition to the Bitcoin symbol, the Stablecoin Tether (USDT) logo also appears on the terminal.

Cryptocurrencies and Lugano

Back in March, Lugano officials announced that they would make Bitcoin, USDT, and the city’s LVGA token “de facto” legal tender in the city. The announcement was made during the Plan ₿ conference with Mayor Michele Voletti and CTO Tether, Paolo Ardoino.

The decision follows a joint initiative to transform Lugano into the “European Bitcoin Capital.”

As part of its collaboration to develop the blockchain hub, Tether said it would allocate at least $107m to a dedicated fund. The local government allocated $3.21m for this purpose.

In addition to financing local blockchain start-ups, the funds are intended to support the business integration of planning tools in daily operations.

McDonald’s branches in El Salvador began accepting Bitcoin a

CONTINUE READING >>

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    Russian Businesses are Circumventing Sanctions by Using Crypto thumbnail

    Russian Businesses are Circumventing Sanctions by Using Crypto

    California Man Charged For Laundering Nearly $6M In Bitcoin thumbnail

    California Man Charged For Laundering Nearly $6M In Bitcoin