Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being implemented by Bitcoin Suisse, leveraging the benefits of the Swiss QR invoice and providing a fully automated solution. Previously, residents and businesses could only pay their bills through the city’s online portal. With this new payment option, individuals and companies can now pay all invoices issued by the city of Lugano, including tax bills, using Bitcoin and Tether. This expansion of the payment platform follows successful implementations in the cities of Zug and Zermatt. Lugano is now the latest Swiss city to officially recognize cryptocurrency as a payment method.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇨🇠|
| Sentiment | very positive |
| Relevance Score | 1 |
| People | None |
| Companies | Bitcoin Suisse, Tether |
| Currencies | Bitcoin, Tether |
| Securities | None |
