French luxury brand Balenciaga has said it will accept cryptocurrency payments in the U.S., with its website balenciaga.com, select stores on Madison Avenue in New York and Rodeo Drive in Beverly Hills offering cryptocurrency Currency payment method.
In the future, other regions and e-commerce businesses will support cryptocurrency payments, the company said. The company has yet to decide which payment solution provider it will use, but it will initially accept coins such as bitcoin and ethereum and consider adding others in the future.