Ferrari starts accepting Bitcoin payments in Europe
In the US, the automaker accepts three cryptocurrencies as payment, Bitcoin (BTC), Ethereum (ETH) and the USDC stablecoin. Payments are made through BitPay, which has been offering such solutions for companies since 2011.

This move by Ferrari further solidifies the growing adoption of cryptocurrencies in mainstream industries, with luxury brands leading the charge in embracing digital assets as a form of payment. As more companies begin to accept cryptocurrencies, it's likely we'll see increased demand and potentially a positive impact on the market, particularly for top-tier assets like Bitcoin and Ethereum.