Balenciaga To Accept Bitcoin, Crypto As Payment Today

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  • Balenciaga, a Kering-owned luxury fashion house, will begin accepting bitcoin and other cryptocurrencies as payment.
  • First, flagship stores located in the U,S. and Balenciaga’s website will trial the new payment feature with further roll-outs expected at later dates.
  • Balenciaga is the second member of the Kering Luxury Group to accept bitcoin and other cryptocurrencies as payment, following Gucci.

Balenciaga, a luxury fashion house belonging to the Kering Luxury Group, will begin accepting bitcoin and other cryptocurrencies as payment in store and online, according to a report from Women’s Wear Daily.

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