ChainCatcher news, according to Cryptonews, Ferrari announced plans to expand its luxury sports car cryptocurrency payment options to its European dealers starting at the end of this month. It stated that by the end of 2024, its goal is to offer this payment method to more international dealers in countries/regions that legally accept cryptocurrency.The company stated, "Following the positive reception of this alternative payment system in the United States, our entry into the European market is a natural progression to support dealers in meeting the evolving needs of our customers."The company emphasized that countries with strict restrictions on cryptocurrency, such as China, will not be included in this rollout.Previous news, Ferrari (RACE.MI) marketing and business stated that its luxury sports car business in the United States has begun accepting cryptocurrency payments and will expand the program to Europe based on customer demand.

ChainCatcher news, according to Reuters, Ferrari (RACE.MI) marketing and business stated that its luxury sports car business in the United States has begun accepting cryptocurrency payments and will expand the program to Europe based on customer demand.Currently, cryptocurrencies are working to reduce their carbon footprint by introducing new software and increasing the use of renewable energy.

ChainCatcher news, according to grandprix, Ferrari may not renew its contract with NFT service provider Velas. Currently, the official website of its F1 team Scuderia Ferrari has removed information related to Velas. There are reports that Velas has also been affected by the FTX bankruptcy. Ferrari team principal Mattia Binotto stated at the end of the Brazilian Grand Prix that they will be very attentive and cautious about what is happening in the crypto industry, and will therefore "reassess the partnership with Velas, as the future is hard to predict, but so far everything has been stable."Previously reported, Ferrari reached a partnership with Velas in 2021, which created exclusive digital content and digital collectibles for Ferrari fans. (source link)