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McDonald’s began to accept bitcoin payments in Swiss Lugano

Posted on September 6, 2022

McDonald’s began to accept bitcoin payments in Swiss Lugano

McDonald’s fast -fast restaurant network began to take payments in Bitcoin in the Swiss city of Lugano.

A video with an order for food through an electronic kiosk and subsequent payment in cryptocurrency through a mobile application was published by Bitcoin Magazine magazine.

At the terminal, in addition to the bitcoin symbol, there is a Tether stableco logo (USDT).

Back in March, the authorities of Lugano announced that they would make digital gold, USDT and the City Token LVGA de facto with legal payment funds in the city. This became known during the Plan ₿ conference with the participation of the mayor of Michele Foletti and CTO Tether Paolo Ardoino.

The decision became the development of a joint initiative to turn Lugano into the “European capital of Bitcoin”, which the parties announced in February.

In the framework of cooperation on the development of the blockchain Kaba, Tether announced the allocation of at least 100 million Swiss francs (~ $ 107 million) to a specialized fund. Local authorities sent 3 million Swiss francs for these purposes (~ $ 3 Michael Saylor .21 million).

In addition to financing local blockchain startups, funds are intended to support the integration of a business of tools related to the daily activity plan.

Recall that in September 2021, McDonald’s institutions in Salvador began to accept bitcoin as payment after the entry into force of the law on the legalization of the first cryptocurrency in the country.

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