Ferrari to Start Accepting Crypto Payments in U.S: Reuters
Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers. Source
Read MoreFerrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers. Source
Read MoreThis week, industry leaders evaluated the impact of the Israel-Hamas war; FTX founder Sam Bankman-Fried’s trial progressed; and Ferrari confirmed plans to accept crypto payments. Bankman-Fried’s political ambitions On the fifth day of Sam Bankman-Fried’s trial, former Alameda CEO Caroline Ellison revealed that Bankman-Fried utilized customer funds for political lobbying and engaged
Read MoreItalian luxury car manufacturer Ferrari has decided to include cryptocurrency as a payment option in response to demands from dealers and the market. The Maranello, Italy-based company will start accepting purchases of its luxury cars using crypto in the U.S., with plans to expand the new payment option in Europe in
Read MoreFerrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The carmaker also plans to accept crypto payments in Europe.According to an Oct. 14 report from Reuters, Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed the intentions of the luxury car
Read MoreA French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing a Ferrari using bitcoin. Clausi’s arrest and subsequent jailing came after a woman, who sold him a Ferrari for $440,000 in April 2021, filed a complaint against the crypto trader
Read MoreScuderia Ferrari, the racing division of luxury carmaker Ferrari, joined the growing list of Formula One racing teams to end partnerships with their cryptocurrency sponsors. Ferrari exited its multi-year partnership deals with Velas Blockchain and chip manufacturing giant Snapdragon, resulting in a cumulative $55 million loss for the Italian team
Read MoreTraditional automaker Ferrari surprisingly came out at the top of auto stocks for 2022, beating out EV companies. Amid the selling pressure in the tech space that characterized much of 2022, top-performing auto stocks were those with the lowest decline. Some auto stocks outperformed others this year because they escaped the worst of
Read MoreThe Italian luxury sports car manufacturer headquartered in Maranello, Italy, Ferrari has announced the firm is partnering with Velas Network AG, a firm that specializes in blockchain and non-fungible token (NFT) technology. Ferrari Reveals Partnership With Blockchain Firm Velas On December 27, Ferrari the well known luxury sports car maker founded in
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