Major Supermarket Chain Spar to Launch Bitcoin Payments Across Switzerland

6 days ago |   readers | 2 mins reading
Major Supermarket Chain Spar to Launch Bitcoin Payments Across Switzerland

Spar supermarkets in Switzerland are preparing to roll out Bitcoin payments nationwide after a successful pilot backed by the crypto payments firm DFX Swiss, in a move that could make crypto a staple of everyday life.Earlier this month, Spar’s Zug location began A second Spar store in “The supermarket retailer SPAR announced that even more stores will soon be accepting Bitcoin as a means of payment in Switzerland”Stay tuned for more updates and follow @OpenCryptoPay! https://t.co/Hcy6810KZY— DFX (@DFX_swiss) April 24, 2025The rollout, now “Just scan a static QR code, send sats, immediate and easy registration by the cashier,” Rahim Taghizadegan, director of Bitcoin Association Switzerland, Despite its status as an early crypto hub, Switzerland is increasingly divided over Bitcoin’s suitability for national reserves and broader economic integration.At the Swiss National Bank’s annual shareholder meeting last week, Swiss National Bank Chairman Martin Schlegel dismissed Bitcoin as too volatile for reserve holdings, saying, “Cryptocurrency cannot currently fulfil the requirements for our currency reserves,” as per a Meanwhile, a separate citizen-led initiative is Spar’s expansion fits into a growing global trend of governments and businesses experimenting with real-world Bitcoin integration.In Switzerland alone, over 600 businesses now accept Bitcoin, according to BTC Map The self-proclaimed ‘crypto valley’ Zug’s Meanwhile, Panama City’s council recently Edited by Sebastian Sinclair

This article is originated from the source

Decrypt
Read Full Article
Published on Other News Site
cointelegraph Badgebitcoin Badgecryptonews Badgeu Badgebeincrypto Badgeblockworks Badgecoincodex Badge