Swiss city of Lugano accepts Bitcoin for nearly all payments

The Swiss city of Lugano accepts Bitcoin for a wide range of payments, from McDonald's to local taxes, Cointelegraph reported. The city has been implementing its "Plan ₿" project, a partnership with USDT issuer Tether, to build infrastructure for using Bitcoin in daily life. Cointelegraph explained that this is not merely a marketing campaign, as both Bitcoin and USDT are actively used in local commerce. The report also noted that a local currency token, LVGA, is further promoting cryptocurrency transactions. It added that Lugano presents a clear and contrasting model to the mix of curiosity and concern with which central banks around the world are viewing digital currencies.