It’s a big win for the crypto industry as one of the biggest Formula One teams starts accepting crypto payments.
Crypto has been winning huge support from various economic sectors over the last few years. This is mainly after institutions and governments started recognizing the power of blockchain and crypto technology. Every now and then, crypto makes a debut in a totally new sector. This time around, it’s the Formula One scene. The team’s official website put a detailed announcement to that effect.
Ashton Martin Aramco Cognizant Formula One Team (AMF1) has just announced intentions to start accepting crypto payments on its online store. This means that many pro-crypto people will now be able to buy the team’s merchandise and settle the transactions with cryptos. Visitors who want to start shopping can visit the team’s web page here.
To make this happen, Ashton Martin has entered into a partnership with Crypto.com and Cube, which are now its official business partners in digital e-commerce. Crypto.com has been adding various cryptos (including Shiba Inu) to its list of supported payment options, which gives a lot of leeway to users who want to pay in cryptos of their choice.
submitted by /u/BitcoinWide
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