Spar supermarket in Switzerland starts accepting Bitcoin payments

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Switzerland-based blockchain ecosystem Crypto Valley surpassed $593 billion in valuation in 2024 after a 55% yearly increase, Cointelegraph reported on Jan.21.Crypto Valley Unicorns.Source: CvVc.comAmong the 50 entities, 17 have reached unicorn status, with a $1 billion or more valuation.“A Swiss industry where the Top 50 entities share a valuation of $593 billion and whose funding medians exceed global medians reflects vision and resilience,” Mathias Ruch, founder and CEO of CV VC, told Cointelegraph.

Related: Crypto, stocks enter ‘new phase of trade war’ as US-China tensions riseSpar in Zug enables seamless Bitcoin payment via QR codeFriction points and complicated user experience are often criticized as some of the biggest hurdles limiting mainstream blockchain adoption.

Source: BTCmapRelated: ‘Bitcoin Standard’ author to develop Austrian economics curriculum for UK schoolBitcoin adoption among retail giants with a global presence may increase mainstream trust in cryptocurrency payments.

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Article Details

Author / Journalist: Cointelegraph by Zoltan Vardai

Category: Crypto

Markets: United StatesAustriaChinaSwitzerland

Topics: Network Payment Spar Payments Blockchain Switzerland Crypto Bitcoin Lightning Swiss Businesses

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 11:17:49 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27975634

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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