• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Binance.US Takes Action Amidst SEC Complaint: Delists Over 40 Trading Pairs
switzerland dolder hotel bitcoin

Swiss Bitcoin Adoption is Booming: Famous Dolder Hotel Accepts BTC

Esther Kim by Esther Kim
4 years ago
in Bitcoin Acceptance, Altcoin News, Altcoins, Bitcoin, Bitcoin Businesses, Ethereum, News, News teaser
0

Cryptocurrency payments are coming to new conspicuous consumer outlets in Switzerland and Italy thanks to a new payment platform from the Crypto Valley startup scene.


Bitcoin ‘Back As Medium Of Exchange’

As local Swiss news outlet Finews reported March 27, Bitcoin and Ether payments will come to the five-star Dolder hotel and Autohaus Kessel car dealer in May.

Dolder is located in the Swiss financial hub Zurich, while Kessel has a presence in the Zug, Crypto Valley’s hometown, and also has outlets across the border in northern Italy.

The outlets will accept cryptocurrency payments via Inapay, a smartphone-based payments app from Zug-based Inacta with contributions from Swiss finance platform Bity.

An initial launch is scheduled within the next two months, Dolder and Kessel representing the first wave of takers before further merchants appear on Inapay later in the year.

Commenting on the news, Lucas Betschart, Inacta’s head of crypto asset technology and president of industry group Bitcoin Association Switzerland, hailed a return to form for Bitcoin.

“(Bitcoin) is back as a medium of exchange,” he wrote on Twitter.

ferrari bitcoin

The Rise Of Crypto Valley

As Bitcoinist has reported, the ongoing cryptocurrency market downturn has led to considerable shifts in habits among investors.

With the bear market now lasting longer than any other in Bitcoin’s history, tendencies have shifted from spending to storing and accumulating coins. This, research has shown, runs in line with the bull-bear cycles which have characterized Bitcoin markets since its inception.

As such, potential uptake for luxury suites and classic cars – including Ferrari but not Lamborghini in Kessler’s case – may yet be limited as Bitcoin hovers around $4000 and Ethereum at $135, the latter down over 90 percent against its all-time highs.

Nevertheless, Crypto Valley remains a hive of growth.

The cryptocurrency and blockchain-focused business community continues to add to its membership, with rankings awarding it the title of Europe’s fastest-growing tech hub in December.

‘Sponsored By Bitcoin Suisse’

Advocacy of preferential regulations also form a central part of Crypto Valley’s activities, as lawmakers continue to grapple with the emerging phenomenon.

Last week, the Swiss parliament voted in favor of including cryptocurrencies in adapted finance legislation, the aim being to “close gaps” in protections against money laundering and other bad actors.

Behind-the-scenes moves accompany corporate ones which will be considerably more noticeable for the average citizen, whether or not they hold cryptocurrency.

Earlier in March, the ‘Amazon’ of Switzerland, Digitec-Galaxus, began accepting Bitcoin.

Starting this week, Bitcoin Suisse, the cryptocurrency financial services company also headquartered in Zug, is taking over the long-term advertising lease at Zurich Airport.

As a promotional video confirms, this means travellers are greeted with advertisement for its services, chief among which are cryptocurrency investment and payments.

Bitcoin Suisse has taken over the long term lease of the marketing presence in the Arrival Gate 1 (Intercontinental) and Arrival Gate 2 (Europe) in Zurich Airport,” an accompanying description added.

For at least the remainder of 2019 and well into 2020, some 11 million arriving travelers and greeters will be presented with the company’s vision and message, as they arrive in Switzerland.

What do you think about Switzerland and Italy’s forthcoming crypto payment options? Let us know in the comments below!


Images courtesy of Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Esther Kim

Esther Kim

Related Posts

Bitcoin

Bitcoin Investors Get Robust Returns In May – How Will Binance Lawsuit Affect Their Gains?

10 hours ago
Rare satoshis

Rare Satoshis: The Rising Star In Crypto After BRC-20 And Meme Coins?

1 day ago
Ethereum (ETH)

VanEck Says This Is When Ethereum (ETH) Will Reach $11,800

2 days ago
Ethereum

Ethereum Bearish Signal: Profit-Taking Transfers Spike

2 days ago
USDC and Abritrum

Circle Announces Launch of Native USDC on Arbitrum Network, Aims for Faster Transactions

5 days ago
Circle

Circle And Arbitrum Launch Native USDC: What You Need To Know

6 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Now Trending

  • Whale Power Unleashed: Mooky Emerges as the Rival Meme Coin...

    6 days ago
  • Exploring the Meteoric Rise of Mooky: Could It Be the Next...

    6 days ago
  • Discover the Next Big Thing: Mooky.io Presale Boasting Fair...

    6 days ago

Top Casinos

Trust Dice
Trust Dice
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
K8
K8

Press Releases

  • DigiToad (TOADS) Stands tall against Dogecoin (DOGE) with...

    30 mins ago
  • Bitcoin (BTC) or the New Favorite, InQubeta (QUBE) ?...

    2 hours ago
  • Bitfinex and GoCrypto announce the listing of the GoC token

    3 hours ago
  • Discover the 3 promising Altcoins Whales are accumulating...

    4 hours ago
  • Tornado Cash Developer Set Free, InQubeta (QUBE) Presale...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
      • Bitcoin Casinos
      • Real Money Slots
      • Online Casino Real Money
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Play Finance

© 2023 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.