Gucci jumps on the crypto bandwagon with U.S. project

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Reuters UK

(Reuters) – Gucci’s high-end handbags and other luxury products can now be bought using cryptocurrencies, including bitcoin, in some U.S. stores, the Italian company said, as digital currencies move to broader acceptance. Starting later this month, customers can pay with crypto at some of Gucci’s flagship stores, including Rodeo Drive in Los Angeles and Wooster Street in New York, the company said. Gucci, owned by France’s Kering SA, plans to expand the service to its directly operated North America stores in the near future. A growing number of companies have started to accept virtual currenc…

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