Crypto news

Balenciaga will accept bitcoins

Kering-owned premium brand Balenciaga announced the possibility of payment in cryptocurrencies in the U.S. flagship stores and online platform.

Initially, the fashion house will start accepting bitcoin and Ethereum. In the future, there are plans to expand the list of supported currencies and regions.

Balenciaga has not yet chosen a payment service to implement the option.

Regarding the volatility of digital assets, the company noted:

“Balenciaga is thinking about cryptocurrencies in the long term, and value fluctuations are nothing new.”

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