Every day now, we see that a new company is announcing the acceptance of cryptocurrencies in some form or another. One of the world’s largest wine auction houses in America, 200 years oldest wine shop Acker accepts cryptocurrency for auction payment and retail wine purchases.
Acker Established in 1820, is the world’s largest rare and fine wine auction house. They run weekly online auctions in which collectors sell rare and luxury wines. Acker accepts cryptocurrency for retail and auction. Acker will accept Bitcoin, Ethereum, Bitcoin Cash, and Dogecoin. It also accepts certain stablecoins cryptocurrencies pegged to fiat currencies such as the US dollar, including PAX, Gemini Dollar, and BUSD.
Acker is using BitPay to process the cryptocurrency payment. Acker receiving payments through BitPay and converting them into fiat money for the merchant.
Describing cryptocurrencies as “No longer a passing fad,” Acker Chairman John Kapon said in a release that “As one of the oldest licensed businesses in America, Acker is proud to accept this novel from the payment as we continue to evolve in our third century as a company.”
At the same time, Kapon added that the company will make a digital space announcement soon. Earlier this month, E11EVEN Miami night club also announced that it started accepting bitcoin and will take advantage of the option to pay in crypto.