The Swiss city of Lugano officially accepts BTC and USDT for payment of taxes and other municipal services

The Swiss city of Lugano has officially announced the acceptance of BTC and USDT as payment methods for taxes and other municipal services. Through a streamlined process by Swiss crypto company Bitcoin Suisse, local citizens and companies can now use the aforementioned cryptocurrencies to pay any invoice issued by the city, including tax invoices (regardless of the nature of the service or the invoice amount). The move is part of Plan ₿, launched by the City of Lugano in partnership with Tether, which aims to integrate blockchain and Bitcoin into daily life in Lugano by using Bitcoin technology as the basis for transforming the city’s financial system. all aspects. (Bitcoin Suisse) According to previous news in October, the Swiss city of Lugano announced the launch of Lugano (LUGA), a stable currency linked to Bitcoin, which can be used for payments at more than 350 merchants in the city. In addition, the City of Lugano also announced a $50 million grant to startups in the cryptocurrency and blockchain fields, including Bitcoin Core development, Lightning Network development, and support for local public projects.