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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

Following Gucci’s footsteps, French luxury fashion house Balenciaga has announced plans to accept crypto payments in selected U.S. stores and its online platform balenciaga.com.

by Brian Njuguna
May 24, 2022

CRYPTOCURRENCY

French Luxury Giant Balenciaga Rolls Out Crypto Payment Options

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