The Swiss city of Luganoin the Italian-speaking canton of Ticino, has for some time now been one of the most favorable to Bitcoin (BTC) and cryptocurrencies. As part of its ” Plan B “the city will now allow its residents to pay municipal taxes and services in Bitcoin (BTC) and stablecoin USDT from the Tether company.
Lugano wants to increasingly democratize Bitcoin and cryptos
Swiss society Bitcoin Switzerland supports the city of Lugano in his Plan B to facilitate the adoption of Bitcoin and cryptocurrencies since the beginning of 2022. This technical assistance has just provided, on December 5, 2023, a integrated payment solution with two emblematic crypto-assets of the sector.
Indeed, via a press release, Bitcoin Suisse announces that the municipality of Lugano will expand payment options for taxes And the others services provided by the municipality. The largest city in the canton of Ticino will thus allow direct payments in Bitcoin And USDTTether’s US dollar stablecoin.
“The city of Lugano now accepts payment of taxes and other municipal services in Bitcoin and USDT. (…) »
Switzerland leads crypto adoption among Western countries
As well the resident citizens that companies will thus be able to pay their taxes and fees to the municipality in these two cryptocurrencies, regardless of the amount invoiced. To do this, they just need to scan the QR code on the invoice received, and then simply pay with their favorite crypto walletby choosing BTC or USDT depending on the crypto-asset with which they wish to pay.
“We are excited to help the city of Lugano accelerate the use of Bitcoin technology to transform the city’s financial infrastructure. It is great to see that more and more Swiss municipalities are offering cryptocurrency payments as an available option, both for citizens and businesses, in addition to traditional payment methods such as post counters and platforms. online banking. »
Armin Schmid, Product Manager (CPO) at Bitcoin Suisse
Even if the Swiss National Bank (BNS) does not escape the trend for central bank digital currencies (MNBC) bankers, many seem prefer Bitcoin on Swiss territory. After the city and canton of Zug (nicknamed the “ Crypto Valley ), it is therefore Lugano and Ticino which are getting a little closer to cryptocurrencies. Which canton will be the next to take the plunge?