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Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla (TSLA.O), which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari shipped more than 1,800 cars to its Americas region, which includes the U.S., in the first half of this year. Galliera did not say how many cars Ferrari expected to sell through crypto. "Prices will not change, no fees, no surcharges if you pay through cryptocurrencies," Galliera said.
Persons: Benedetto Vigna, Flavio Lo Scalzo, Elon Musk, Enrico Galliera, Reuters cryptocurrencies, Ferrari, Galliera, Bitpay, Giulio Piovaccari, Tom Wilson, Louise Heavens Organizations: Ferrari, REUTERS, Reuters, Thomson Locations: Maranello, Italy, cryptocurrency, U.S, Europe, bitcoin, cryptocurrencies, East, Africa, China, Milan, London
Ferrari to accept crypto as payment for its cars in the U.S.
  + stars: | 2023-10-14 | by ( ) www.cnbc.com   time to read: +3 min
Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment. These include electric carmaker Tesla , which in 2021 began to accept payment in bitcoin, the biggest crypto coin, before CEO Elon Musk halted it because of environmental concerns. Ferrari shipped more than 1,800 cars to its Americas region, which includes the U.S., in the first half of this year. Galliera did not say how many cars Ferrari expected to sell through crypto. "Prices will not change, no fees, no surcharges if you pay through cryptocurrencies," Galliera said.
Persons: Manuel Romano, Ferrari, Elon Musk, Enrico Galliera, Reuters cryptocurrencies, Galliera Organizations: Ferrari, Auto, Getty, Reuters Locations: Padova, Italy, cryptocurrency, U.S, Europe, bitcoin, cryptocurrencies, Italian, East, Africa, China
Total: 2