REGULATORY ACTION Blockchain Project: City of Lugano Cryptocurrency Payments Program
Switzerland's southern city of Lugano plans for many local businesses to accept some cryptocurrencies (Bitcoin, Tether, LVGA) as "de facto" legal tender as part of a partnership with Tether. The concept is called the "Plan B" initiative.
Project Milestones
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| Milestone Title | Date of Milestone | Type | NFT Drop | Sources |
|---|---|---|---|---|
Lugano Citizens And Companies Can Now Pay Taxes Plus All Other Community fees In Bitcoin | December 5, 2023 | Launched |  | |
City Of Lugano's Bitcoin and Tether 1 Year Update | March 12, 2023 | Launched |  | |
| Switzerland City of Lugano Announces Bitcoin, Tether, and LVGA as Legal Tender | March 3, 2022 | Launched | |
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