The city of Lugano in Switzerland has announced that it will now accept Bitcoin and Tether as a means of payment for taxes and other community fees. This move is part of Lugano’s Plan B, a collaborative effort with Tether to transform the city’s financial system using Bitcoin technology. Lugano residents can pay their invoices by scanning the QR code on the invoice and using their preferred mobile wallet and cryptocurrency. Bitcoin Suisse is supporting Lugano in this initiative by serving as the technical partner for the integrated payment solution. Lugano is not the only city in Switzerland embracing cryptocurrencies, as the Swiss canton of Zug and the municipality of Zermatt have also started accepting Bitcoin for tax payments. This development highlights the growing adoption of cryptocurrencies in Switzerland and their potential to revolutionize traditional financial systems.

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Information	Details
Geography	Europe
Countries	🇨🇭
Sentiment	very positive
Relevance Score	1
People	None
Companies	LVGA Points, Bitcoin Suisse, MyLugano app, 3Achain, Tether
Currencies	Bitcoin, Tether
Securities	None