World famous clothing brand Balenciaga will accept Bitcoin and Ethereum.
World-renowned clothing brand Balenciaga has become the last company to accept crypto payments. The company announced that it will accept Bitcoin and Ethereum at its leading stores and website in Los Angeles and New York.
Although it is not clear which solution it will use for crypto payments, the brand considers crypto assets in its long-term plans. While the drop in the market has made many companies skeptical about cryptoassets, this does not seem to be the case for Balenciaga.