Press Release

Gucci Moves To Accept Crypto In Select Stores

Haider Jamal
May 5, 2022

Gucci has announced that it shall start accepting payments in crypto at 5 of its U.S stores by the end of May, with the store also sharing its ambitions of eventually expanding the new payments service to all 111 of its North American locations. Gucci will thus reportedly accept a number of popular cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Shiba Inu (SHIB), along with 5 stablecoins as well. In preparation for the launch, Gucci&amp39s employees have begun their training and instruction on crypto, NFTs, and Web 3.0. In related news, the store had also purchased digital property in The Sandbox (SAND) back in February and established a virtual retail experience similar to its Vault e-store.

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.