PANews December 26 News, according to Cointelegraph, the city of Lugano in Switzerland has accepted Bitcoin for various payments, from McDonald’s to local taxes. The city has been implementing its “Plan ₿” project, which collaborates with USDT issuer Tether, aiming to build Bitcoin infrastructure for everyday life. Merchants participate because Bitcoin’s Lightning Network transaction fees are usually below 1%, compared to an average of about 3% for credit card networks. Additionally, residents can use standard QR code bills to pay municipal bills, including taxes, parking fines, and tuition fees, using Bitcoin or USDT.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bhutan government address transferred out 175 BTC 2 hours ago, worth $11 million
The Bhutanese government recently transferred out 175 Bitcoins, worth approximately $11 million, indicating regular sales of its Bitcoin holdings. Over the past month, the government has sold $7 million worth of Bitcoin through QCP Capital, and it will face a particularly intense selling period in late September 2025.
GateNewsJust Now
ETF Weekly: Bitcoin ETFs Add $568 Million Despite Late Outflow Streak
Crypto exchange-traded funds (ETFs) delivered a mixed but largely positive performance during the week of March 2–6. Bitcoin, ether, and solana funds finished with net inflows, while XRP ETFs ended the week slightly in the red.
Bitcoin, Ether ETFs Post Weekly Gains as XRP Slips
Institutional
Coinpedia20m ago
In the past 24 hours, the entire network has been liquidated by $395 million, with BTC liquidations totaling $152.5 million.
In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $395 million, with $206 million in long positions and $188 million in short positions liquidated. BTC and ETH were liquidated for $152.5 million and $76.97 million respectively, with a total of 93,639 people liquidated. The largest single liquidation occurred on Hyperliquid's BTC-USD trading pair, valued at $6.88 million.
GateNews24m ago
BTC short-term IV rises above 65%, ETH short-term IV reaches over 80%, both hitting recent highs
This week will release the US February CPI and unemployment data, as well as the January PCE Price Index. Meanwhile, US and Israeli military actions may impact oil transportation through the Strait of Hormuz. The implied volatility of major maturities has risen significantly, with BTC short-term IV exceeding 65%, ETH short-term IV exceeding 80%, and the skew indicator declining.
GateNews27m ago
Strategy Drops $1.28 Billion on Bitcoin, Issues $377 Million in Preferred Shares
In brief
Strategy notched its largest Bitcoin purchase in over a month.
The firm issued STRC at its fastest rate since the product’s debut last July.
The company’s Bitcoin stockpile showed a $5.5 billion loss on paper.
Strategy spent $1.28 billion on Bitcoin last week, notching its large
Decrypt1h ago
