Gucci to accept bitcoin payments in some U.S. stores - Vogue

Luxury Italian fashion house Gucci is embracing the digital asset ecosystem following its move to accept payments in bitcoin (BTC-USD) and other cryptocurrencies in five U.S. stores by the end of May, according to a report from Vogue May 4. Gucci will also take bitcoin cash (BCH-USD), ethereum (ETH-USD), wrapped bitcoin (WBTC-USD), litecoin (LTC-USD), shiba inu (SHIB-USD) and five stablecoins pegged to the U.S. dollar. As part of its testing phase, the first Gucci stores to accept crypto include Wooster Street in New York, Rodeo Drive in Los Angeles, Miami Design District, Phipps Plaza in Atlanta and The Shops at Crystals in Las Vegas, Vogue reported. The Gucci stores will send a QR code to the customer's email, allowing them to send payments from their crypto wallet. “Gucci is always looking to embrace new technologies when they can provide an enhanced experience for our customers,” CEO and President Marco Bizzarri said