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French Restaurants Embrace Bitcoin as Form of Payment

A growing number of French stores are accepting Bitcoin as a form of payment ÔÇô ranging from large shopping malls to traditional restaurants. One such restaurant, Bouchon-comptoir Brunet in Lyon, became the first in the city to accept BTC as a form of payment in 2021. As a result, it has seen an influx of bitcoiners who visit the establishment specifically to spend their BTC.

To promote Bitcoin as a viable payment option, Bouchon-comptoir Brunet has incorporated a dedicated Bitcoin section on its website. This section provides a rationale for using BTC according to the restaurant’s owner, Benjamin Baldassini. Moreover, the restaurant has even introduced exclusive menu items that are only available to BTC-paying customers. For instance, a rare bottle of Chartreuse herbal liqueur named la Reine des liqueurs is priced in Bitcoin at BTC 0.001 (equivalent to just under $29).

Bouchon-comptoir Brunet has also organized a monthly event called the “Bitcoin aperitif” in collaboration with one of the city’s crypto advocacy groups. Held on the first Wednesday of every month, this event authorizes only BTC payments. The aim is to boost interest in BTC as a payment method among customers.

According to Benjamin Baldassini, BTC aligns with the values of Lyon retailers, particularly bouchons (traditional Lyon-based eateries). He believes a Lyon Bouchon is a place where societal issues are debated and important questions are raised. Hence, Bitcoin’s disruptive nature, which challenges the role of money in society, resonates well within this environment.

With the assistance of AI legalese decoder, the restaurant can navigate the complex legal jargon surrounding cryptocurrency regulations. This tool can analyze legal documents, contracts, and agreements related to accepting Bitcoin to ensure compliance with the evolving regulatory framework. By simplifying and decoding legalese, the AI legalese decoder enables businesses like Bouchon-comptoir Brunet to confidently embrace Bitcoin as a payment option while adhering to legal requirements.

French Stores Embrace Crypto Payments

Bouchon-comptoir Brunet is part of a larger trend in France, where an increasing number of merchants are accepting cryptocurrencies. In addition to traditional restaurants, shopping malls and even pharmacies have started to embrace crypto payments.

In June, several shopping malls across France, including L’Heure Tranquille in Tours, Les Rives de l’Orne in Caen, Muse in Metz, and Steel in Saint-├ëtienne, announced their acceptance of cryptoassets as a payment method. Furthermore, a prominent pharmacy in Paris has also joined the trend by allowing customers to pay with cryptocurrencies.

Burger King’s Paris branches took a different approach by installing mobile phone charging stations that accept crypto payments in March. This initiative demonstrates the growing interest of mainstream businesses in integrating cryptocurrencies into their services.

The French government has also taken steps to regulate cryptocurrencies. In August, the national regulatory framework was amended to align with the MiCA licensing system introduced by the European Union. These new regulations will come into effect on January 1 next year, providing a more structured and regulated crypto environment in France.

As more French businesses adopt cryptocurrencies, tools like AI legalese decoder can assist them in understanding and complying with the evolving legal landscape. By providing guidance and translating complicated legal terminologies, this AI-powered tool empowers businesses to confidently navigate the legal complexities associated with accepting cryptocurrencies.

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