In some US stores, Gucci to accept payments in cryptocurrencies soon
Gucci now accepts payments in crypto coin
In the US, Gucci, the luxury brand of Italy, will start accepting payments carried out in cryptocurrencies in some stores, said media reports.
The payments will be allowed in some cryptocurrencies like Bitcoin, Ethereum and Litecoin, a BBC report said.
Later this month, the service will begin at some flagship outlets of France's Kering-owned Gucci. These include New York's Wooster Street and Rodeo Drive in Los Angeles, the report said.
Also Read:Bentley witnesses strongest Q1, registers 162% jump in operating profit
A number of companies have already started to accept virtual currencies as mode of payment. This firm is the newest addition to this list, as per the BBC report.
The payments will also be accepted in Shiba Inu and Dogecoin, the brand added.
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
&im=FitAndFill=(700,400))
Can an S-400 detect a bird?
)
Did military GPS jamming cause a plane to crash in New Mexico? Here's what a report says
&im=FitAndFill=(700,400))
Who is Sujatha Vijayakumar? The producer defending daughter Aarti in Ravi Mohan divorce battle
)
Why did India turn down the US offer for F-35 fighter jets? EXPLAINED
)
‘India’s FCRA bill an attack on Christians, could hit bilateral ties,’ says US lawmaker
)
American blogger Perez Hilton, covered in blood, cuts himself during livestream, hospitalized after distressing incident
)
Influencer killed on livestream: Mexican cartel boss' son asked dad to kill woman who broke up with him
)
Ghajini villain Pradeep Rawat passes away at 74 after battle with cancer
)
'I was almost trafficked in Paris,' says Australian woman, shares terrifying ordeal - 'I am on the black market'
)
'Crass, cheap and deeply derogatory:' Internet slams Udhayanidhi Stalin over his 'double-meaning' remark on Trisha
)
India avoids higher US tariff, secures lower 10% rate. Here's how
)
'Should not be bullied': CJP says movement will expand beyond protests. Politics, or something bigger?
)
Trump goes 'bing bing bing' 11 times within 5 seconds at Iran war briefing
)
WMO warns Super El Niño is set to become monstrous between Aug-Oct - This was 'only a warm-up act'
)
What’s happening in Nepal? How did a local clash turn into communal violence? WION Decodes
)
Scientists find descendants of ancient sea creatures trapped under Antarctica's Blood Falls
)
CJP's Saurav Das alleges YouTubers broke into his house, seeks Delhi Police action
)
'World's most beautiful village' with only 627 people generated Rs 58 lakh in traffic fines in 2025
)
Punjab Assembly passes resolution against Centre's mandatory E20 petrol rollout
&im=FitAndFill=(700,400))
7 longest flights in the world - Singapore, Qantas, Qatar and others
)
Munir-protege Mohsin Naqvi’s claim of unearthing huge scam triggers tremors in Pakistan’s power corridors
)
Why did FSSAI ban the sale of Old Monk, Antiquity Blue and other liquor brands?
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Who is Devendra Nath Mahto, Jharkhand’s 'Sonam Wangchuk' fasting for protesting students?
)
'I believe in freedom of expression...': Shashi Tharoor clarifies on attending event where RSS chief Mohan Bhagwat will address Gen Zs
&im=FitAndFill=(700,400))
Why Russian tanks are much lighter compared to US tanks
)
The genetic roots of Tamils: 75,000 DNA markers decoded in latest study of Sangam-era settlement
&im=FitAndFill=(700,400))
Pradeep Rawat died at 74: Revisit the unforgettable roles that defined his career
&im=FitAndFill=(700,400))
Why are iPhones so expensive compared to Android phones?
&im=FitAndFill=(700,400))
New OTT releases this week (August 3-9, 2026): Main Vaapas Aaunga, Uyir, Operation Safed Sagar- 6 titles coming on Netflix, Prime Video and more
)
Mark Zuckerberg apologises to Indian government over harmful content, platform errors amid PM video row
)
‘Disputes could help ousted forces make comeback’: Bangladesh PM warns ahead of Sheikh Hasina’s Delhi PC
Watch:How does WhatsApp make money?
The customers, who will look to make payments in cryptocurrencies, will be sent a QR code in an email. It will have to be used with a digital asset wallet, a financial transaction app running on mobile devices.
In the near future, the firm looks to come up with the feature in all its North American stores directly.
This announcement by a high-profile brand is another step towards the acceptance of these cryptocurrencies.
WATCH WION LIVE HERE
(With inputs from agencies)