Source: blockchain.news
Giant multinational fast food chain mcdonald’s now accept bitcoin and USDT as payment methods in the city of Lugano (Lugano), in southern Switzerland.
Residents of the city of Lugano can order food using a McDonald’s digital kiosk and then pay at the regular check-in counter with the help of a mobile app.
In addition to crypto payments, this region also supports crypto payments for taxes, parking tickets, utilities, and student tuition in the local community.
The city of Lugano has announced the acceptance of Bitcoin, Tether and LVGA tokens as legal tender. The local authority intends to allow residents to settle their annual tax bills and pay for goods and services in cryptocurrencies, with only Bitcoin, USDT and certain Swiss franc-pegged stablecoins for payments.
Lugano, a city of 63,000 in Italian-speaking Switzerland, announced in March that it would be one of the first cities in the world to introduce a full cryptocurrency payments economy. More than 200 stores and businesses are expected to accept crypto payments for goods and services.
To that end, Tether and Lugano will collaborate to make the city a major hub for blockchain adoption across Europe.
Likewise, McDonald’s has begun accepting Bitcoin as a payment option in El Salvador after the nation became the first to adopt the cryptocurrency as legal tender on September 7, 2021.
McDonald’s customers in El Salvador can now pay for Big Macs and other menu items with bitcoin at all 19 McDonald’s locations in the country, as well as online and through delivery apps.
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