{"id":127469,"date":"2025-04-18T11:17:32","date_gmt":"2025-04-18T11:17:32","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127469"},"modified":"2025-04-18T11:17:32","modified_gmt":"2025-04-18T11:17:32","slug":"spar-supermarket-in-switzerland-starts-accepting-bitcoin-payments","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127469","title":{"rendered":"Spar supermarket in Switzerland starts accepting Bitcoin payments"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsGlobal grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions.<br \/>\nA Spar supermarket in Zug, Switzerland, has implemented Bitcoin (BTC) payments via the Lightning Network.<br \/>\nThe store\u2019s Bitcoin payments went live on BTC Mao, a community-driven project highlighting stores that accept BTC payments, DFX Swiss, a crypto-to-fiat payment solution firm, announced in an April 17 LinkedIn post.<br \/>\n\u201cThis SPAR location is among the first supermarkets in Switzerland where you can pay directly at the checkout using Bitcoin (via LNURL), thanks to our new hashtag#OpenCryptoPay solution, an open P2P standard for in-person crypto payments,\u201d DFX said.<br \/>\nSpar in Zug adopts Bitcoin payment, announcement. Source: DFX SwissSwitzerland has long been regarded as one of the more crypto-friendly European jurisdictions with some of the earliest crypto-adoption initiatives.<br \/>\nIn 2023, the Swiss city of Lugano adopted Bitcoin and Tether USDt (USDT) payments for all municipal fees, one of the world\u2019s first city administrations to do so.<br \/>\nThere are currently 1,013 stores and businesses accepting Bitcoin payments in Switzerland, according to BTCmap data.<br \/>\nBusinesses accepting Bitcoin payment in Switzerland, Europe. Source: BTCmapRelated: \u2018Bitcoin Standard\u2019 author to develop Austrian economics curriculum for UK school<br \/>\nBitcoin adoption among retail giants with a global presence may increase mainstream trust in cryptocurrency payments.<br \/>\nSpar operates over 13,900 stores across 48 countries, with over 14.7 million daily shoppers and 450,000 employees worldwide.<br \/>\nRelated: Crypto, stocks enter \u2018new phase of trade war\u2019 as US-China tensions rise<br \/>\nSpar in Zug enables seamless Bitcoin payment via QR code<br \/>\nFriction points and complicated user experience are often criticized as some of the biggest hurdles limiting mainstream blockchain adoption.<br \/>\nHowever, Spar\u2019s Bitcoin implementation enables easy payments by scanning a simple quick-response (QR) code, according to Rahim Taghizadegan, a university lecturer and director of Bitcoin Association Switzerland.<br \/>\nIn an April 16 LinkedIn post, he outlined how simple it is to pay using BTC in Spar:<br \/>\n\u201cJust scan a static QR code, send sats, immediate and easy registration by the cashier. If enough people use it, it may be rolled out in the whole country. \u201c<br \/>\n\u201cI used Phoenix Wallet for [the Lightning Network], but pretty much anything works,\u201d he added.<br \/>\nBitcoin payment in Spar, Zug, Switzerland. Source: Rahim TaghizadeganIncreasingly more companies are adopting cryptocurrency in the country. Switzerland-based blockchain ecosystem Crypto Valley surpassed $593 billion in valuation in 2024 after a 55% yearly increase, Cointelegraph reported on Jan. 21.<br \/>\nCrypto Valley Unicorns. Source: CvVc.comAmong the 50 regional entities, 17 have reached unicorn status, with a $1 billion or more valuation.<br \/>\n\u201cA Swiss industry where the Top 50 entities share a valuation of $593 billion and whose funding medians exceed global medians reflects vision and resilience,\u201d Mathias Ruch, founder and CEO of CV VC, told Cointelegraph.<br \/>\nTop 50 projects in Crypto Valley. Source: CvVc.comSome of Crypto Valley\u2019s well-known projects include the layer-1 (L1) blockchain network Ethereum, Cardano and the Casper blockchain.<br \/>\nMagazine: BTC\u2019s \u2018reasonable\u2019 $180K target, NFTs plunge in 2024, and more: Hodler\u2019s Digest Jan 12 \u2013 18<a href=\"https:\/\/cointelegraph.com\/news\/spar-store-zug-switzerland-bitcoin-payments-lightning-network?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsGlobal grocery giant Spar has rolled out Bitcoin-based payments in a Swiss city, marking another step in the growing adoption of cryptocurrency for everyday transactions. A Spar supermarket&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127469"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127469"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127469\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127469"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}