The post Cannes Crypto Adoption: Unlocking Seamless Payments by 2025 appeared on BitcoinEthereumNews.com.

Imagine strolling along the iconic Croisette in Cannes, browsing luxury boutiques, and paying for your purchases with Bitcoin or Ethereum. This isn’t a distant dream; it’s a planned reality for the French Riviera city. Cannes is setting an ambitious target: 90% of its shops are expected to accept cryptocurrency payments by the summer of 2025. This move signals a significant step towards integrating digital assets into everyday commerce in one of Europe’s most famous destinations. Why is Cannes Embracing Cannes Crypto Adoption? The push for widespread Cannes crypto adoption is driven by a desire to modernize the city’s payment infrastructure and cater to a specific demographic. According to Artem Shaginyan of Web3 firm Lunu Pay, which is spearheading the technical implementation, the initiative is strongly supported by the Cannes municipal government. The primary goals include: Modernizing Payment Systems: Moving beyond traditional methods to embrace cutting-edge financial technology. Attracting High-Net-Worth Individuals: Many crypto holders are affluent and travel frequently. Making crypto payments easy could entice them to spend more time and money in Cannes. Enhancing the City’s Image: Positioning Cannes as a forward-thinking, tech-friendly destination. Boosting Local Commerce: Potentially increasing transaction volume and attracting new customers to local businesses. This strategic embrace of digital currency is about more than just novelty; it’s a calculated move to keep Cannes competitive and attractive in a rapidly evolving global economy. How Will Cryptocurrency Payments Work in Cannes? The core of this initiative lies in integrating systems that allow merchants to easily accept various cryptocurrencies. Lunu Pay, a company specializing in Web3 payment solutions, is expected to provide the necessary infrastructure. Typically, such systems work by: Merchant Integration: Shops will install or update their point-of-sale (POS) systems to include a crypto payment option. This might involve dedicated terminals, QR code scanners, or software integration. Customer…

---

Filed under: News - @ May 3, 2025 7:26 am