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SHAMEEL KHOKHAR NEWS

Increasing Trend of Digital Currency Transactions Among Major Fashion Brands - BitCoin

 Increasing Trend of Digital Currency Transactions Among Major Fashion Brands - Bit Coin | Shameel Khokhar News | 19 December 2024 Paris (UrduPoint / Pakistan Point News - 18th December, 2024) The rising value of the digital currency Bitcoin has attracted the attention of major fashion brands. According to Reuters, in recent weeks, French luxury department store “Printemps Huisman” announced that it is joining forces with the world’s largest crypto exchange Binance and French financial tech company Lazy to accept cryptocurrencies, including Bitcoin and Ethereum, in its stores in France. Previously, luxury brands including LVMH, watch labels Hublot and Tag Heuer, as well as Gucci and Balenciaga, have confirmed their experience with transactions in the currency. David Princke, president of Binance France, said that his company is also in talks with other luxury brands to transact in digital currencies. Luxury lighter and pen maker ST DuPont said it aims to accept cryptocurrency payme...

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