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The Swiss city of Lugano accepts Bitcoin and USDT as payment for taxes and other municipal services

The Swiss city of Lugano accepts Bitcoin and USDT as payment for taxes and other municipal services

Cointime2023/12/06 00:00
By: Cointime
BTC+0.09%

The city of Lugano, Switzerland has announced an expansion of its payment options, allowing for the use of cryptocurrency to pay taxes, invoices, and other community fees. Starting immediately, Lugano will utilize Bitcoin Suisse to accept Bitcoin (BTC) and Tether (USDT) as payment methods for taxes and all other municipal fees through a simple and fully automated process.

It is reported that Lugano's latest crypto initiative is part of the B Plan, which is working with Tether and utilizing Bitcoin technology as the foundation for transforming the city's financial system.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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