Luxury brands welcome cryptocurrencies wholeheartedly.
June 29. 2022
The luxury watch Breitling brand will work in partnership with Bitpay.
Breitling customers can now buy luxary watches with cryptocurrencies.
According to Bitpay, crypto expenditure has increased by 31% on luxury products last year.
Nearly 250 well known brands are now working in collaboration with Bitpay to accept crypto payments.
The popular watchmaker brand Tag Heuer started accepting 12 cryptocurrencies including BTC and Dogecoin for payments last month.
Luxury clothing brand Gucci started accpeting 12 cryptocurreinces in its 111 stores across the US from may 2022.
Following the trend, Balenciaga and Farfetch also made its crypto wallet available for 10 and 60 types of payments respectively.
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