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Versace, Dubai’s 5-Star Hotel, Accepts Crypto Now.

Palazzo Versace Dubai, a five-star hotel in Dubai, now takes payments in cryptocurrency for rooms, meals, and spa services. Payments can be made via Bitcoin, Ethereum, or Binance Coin (BNB).

The 146-room, ultra-luxury resort in Jaddaf Waterfront, in a press release, announced that it would start accepting cryptocurrency payments for goods on its e-commerce platforms, especially gift certificates and vouchers.

The fact that Palazzo Versace now accepts payments in virtual assets reflects how the hospitality industry in Dubai is at the forefront of innovation as we move towards a more digital world.

Not too dissimilar is Ukrainian retailer Varus with over a hundred superstores across the nation; it will too begin accepting crypto.

The crypto payment system was used by the first European supermarket, Varus. Among the nine Ukrainian towns that take accept cryptocurrency for food and supplies are Kyiv, Dnipro, Kamianske, Brovary, Nikopol, Vyshhorod, Kryvyi Rih, Zaporizhzhia, and Pavlograd.

Last month Techno zhak and Styles, the leading technology merchants in Ukraine, started accepting bitcoin payments at their combined 110 locations. A considerable number of noteworthy businesses have started accepting cryptocurrencies in recent months.

In June, Hublot, a Swiss luxury wristwatch, launched two hundred pieces of a new line dubbed Big Bang Unico Essential Grey. Now, these timepieces are exclusive to the Hublot US e-Boutique site, and here, payments are accepted in crypto.