Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on the city’s online portal, but now all invoices can be paid using cryptocurrencies. This move is part of Lugano’s broader Plan B effort to integrate blockchain technology into daily life and transform the city’s financial system. Bitcoin Suisse, a Swiss crypto gateway provider, will facilitate the transactions and streamline the technical aspects of crypto payments. The platform uses QR-Bill technology, allowing residents to scan the QR code on their invoices to make payments. Lugano’s adoption of Bitcoin technology reflects a growing trend among Swiss municipalities to offer cryptocurrency payments as an alternative to traditional methods. Bitcoin Suisse is also involved in providing technical infrastructure for crypto payments in other Swiss cities such as Zug and Zermatt.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇨🇭
Sentiment very positive
Relevance Score 1
People Armin Schmid
Companies Bitcoin Suisse, Tether
Currencies Bitcoin, Tether
Securities None

Leave a Reply