Financial market experts are eagerly awaiting the re-acceptance of bitcoin payments by automaker Tesla. At the same time, interesting developments are also taking place at Ferrari, the manufacturer of luxury sports cars, as they plan to expand their cryptocurrency payment acceptance system to their European dealers by the end of this month. After achieving positive results in the United States, Ferrari is outlining an expansion plan for this payment method in various global regions.

Ferrari has made the strategic decision to incorporate this digital asset into its payment methods. In a company statement, Ferrari mentioned that it launched its successful acceptance of this alternative payment method less than a year ago in the United States to cater to the dynamic financial preferences of its customer base.

When customers use this payment system to purchase a car, traditional money is immediately converted to protect customers from potential price fluctuations.

Tesla, which initially began accepting Bitcoin as a form of payment in early 2021, decided to abandon the plan a few months later due to environmental concerns related to the Bitcoin mining process. Despite a notable shift towards greener methods for Bitcoin mining, Tesla is still hesitant to accept Bitcoin payments.