It is not just the U.S. targeting wealthy crypto holders but also the crypto-friendly Republic of Singapore.
Luxury Car Companies in the U.S. and Singapore Start Accepting Crypto
Dealerships have partnered with payment processing companies to facilitate the crypto purchase of luxury goods.
On Wednesday, BitPay announced a partnership with Porsche Towson in Maryland, USA.
Via Twitter, BitPay said,
“Turn your #crypto into precious metal at Porsche Towson. Now accepting Crypto as payment for vehicle purchases. Learn more: Porschetownson.com/new-inventory.”
Turn your #crypto into precious metal at Porsche Towson. Now accepting Crypto as payment for vehicle purchases. Learn more: https://t.co/g5eD13Y7tS#Porsche #crypto #bitcoin #doge #shib pic.twitter.com/Yj3yO3iIyK
— BitPay (@BitPay) April 19, 2022
At the time of writing, the 2022 Porsche Cayenne was on offer for $95,880, equivalent to 2.32 BTC.
BitPay is a leader in blockchain payment technology, allowing users to accept and send Bitcoin & cryptocurrency payments.
BitPay’s announcement coincided with news of another crypto payment platform facilitating crypto car payments.
This week, EuroSports Global announced a new partnership with Fomo Pay to accept crypto car payments.
EuroSports Global stated,
“EuroSports Global Limited, a leading distributor of luxury automobiles and premium smart electric motorcycles innovator, is pleased to announce today that it is now accepting cryptocurrency payments with FOMO Pay,…
