Ferrari (RACE) also stated that it will expand its international network in countries where cryptocurrencies are legally accepted to other dealers by the end of 2024.

Ferrari began accepting cryptocurrency payments in the US last year. A statement from the company reads as follows:

The sleeping whale is on the move: Ethereum giant transfer! The sleeping whale is on the move: Ethereum giant transfer!

"The entry into the European market follows the successful launch of this alternative payment system in the United States less than a year ago to support dealers to better meet the evolving needs of their customers."

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