Gucci Plans to Accept Cryptocurrency Payments

Luxury fashion house Gucci has announced that it will accept crypto payments in the U.S. later this May, allowing customers to pay in popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin.

The new payment options will be unveiled in flagship stores across the U.S., from Los Angeles to New York City. After the initial rollout, the high-end luxury brand plans to make it available across all stores in the United States.

Gucci customers who hope to pay via cryptocurrencies will receive an email from the company with a QR code. That QR code will then be possible to use with a crypto wallet.