Gucci to Accept Crypto in Some US Retail Stores: Report

From Bitcoin to Dogecoin: Gucci Will Soon Accept Cryptocurrency at US Stores

By the end of May, the Italian fashion label will accept Bitcoin, Ethereum, Dodgecoin and more at select boutiques.

Gucci to start accepting crypto in stores

Luxury brands are making moves into crypto.

In some US stores, Gucci to accept payments in cryptocurrencies soon

In the US, Gucci, the luxury brand of Italy, will start accepting payments carried out in cryptocurrencies in some stores, said media reports.   The payments will be allowed in some cryptocurrencies like Bitcoin, Ethereum and Litecoin, a BBC report said.   Later this month, the service will begin at some flagship outlets of France's Kering-owned Gucci. These include New York's Wooster Street and Rodeo Drive in Los Angeles, the report said.  

Now, Gucci Will Accept Payments In Cryptocurrency

The maker of high-end handbags and other luxury products said it will accept payments in digital currencies in some of its stores in the US from the end of this month.

Gucci will accept cryptocurrency in stores

This includes Shiba Inu and Dogecoin.

Gucci stores in US to accept cryptocurrencies

The announcement by such a high-profile brand marks another step forward for the acceptance of cryptocurrencies by mainstream businesses.