Banking

Small Swiss city accepts invoice payments in bitcoin and tether

The Swiss metropolis of Lugano introduced on December 5 that each one municipal invoices will be paid in bitcoin and tether.

Lugano is the biggest metropolis within the Italian-speaking canton of Ticino, with a inhabitants of round 63,000. Bitcoin Suisse – a 10-year-old crypto custody and buying and selling firm – applied the scheme.

Beforehand, cryptocurrency funds might solely be made for transactions on town’s on-line portal. Now, bitcoin and tether can be utilized to make funds on taxes, fines and providers, “with out

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