Swiss market SPAR began accepting cryptocurrency payments

Johny Smith

2025/05/05

2 mins read


The well -known corporation in the field of retail trade, SPAR launched the possibility of paying products with cryptocurrencies in the Swiss city of Tsuge. The payment operator will be the organization of BTC MAO. At the moment, Switzerland is considered one of the most friendly countries to the digital asset segment. Currently, a little more than 1000 stores in the country provide the ability to pay for goods and services in digital assets.

The complexity of cryptocurrency transactions is often criticized by ordinary users. However, according to the head of Bitcoin Association Switzerland, Rakhima Tagizade Ghana, the innovation of Spar will promptly make payments within the QR system. The specialist noted that he had already made a payment in the store, emphasizing how simple the created ecosystem works.

At the same time, the country monitors the trend towards a more massive implementation of opportunities for payment of goods and services. According to Crypto Valley, this segment increased by 55%over the year, reaching $ 590 billion. In turn, Coingecco experts noted that one of the key trends in the digital asset market has been tokens that are associated with the direction of artificial intelligence.

Also in high demand was the tokens. However, this niche at a certain moment encountered a global decline.

It is due to the total failure of Libra, which was advertised by the President of Argentina. In the moment, this affected the ecosystem Solanasince the token was created in this ecosystem.

But the coin managed to add about 17% over the past week, which indicates the increased demand of investors. However, most analysts indicate that you need to act carefully. Nevertheless, the trade confrontation between the United States and China continues to exert pressure on the world economy.

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