Luxury health club Equinox set to accept crypto in New York
When it comes to crypto adoption, New York City has been making big moves recently under the leadership of crypto and blockchain-friendly Mayor Eric Adams. It seems that a number of businesses and entities are also looking to follow the footsteps of the Mayor of NYC as Equinox, an American luxury fitness company that operates several lifestyle brands, plans to accept crypto for its services.
Equinox to accept crypto
As per a new report from NYPost, New Yorkers will now be able to get in shape with the help of cryptocurrencies they own at Equinox. Any person from the city will be able to pay for membership using cryptocurrency. As per a source with whom NYPost talked, the luxury health club plans to become the first gym in the Big Apple to allow members to pay their membership fee in digital currency with this new decision.The gym will announce this decision to the gym members on Monday, and it is also an important fact to note that Equinox wants to meet members "where they are both digitally and physically," and the source has also confirmed the firm's partnership with BitPay, a major bitcoin and crypto payment service provider headquartered in Atlanta, Georgia, United States.
New York: The new crypto hub?
As reported previously by Cryptonary, New York Mayor Adams had planned to receive the first three paychecks in Bitcoin as a sign of his support for cryptocurrencies. On the other hand, the New York State Department of Financial Services, or NYDFS, issued a letter wherein it recommended every digital currency company operating under New York banking law integrate blockchain analytics as "wallet addresses are typically pseudonymous, with nothing on the face of the transfer tying back to the originator, beneficiary, or underlying beneficial owners." Moreover, another crucial fact is that New York Assembly has passed a bill to ban crypto miners who don't use green energy to mine cryptocurrencies.Continue reading by joining Cryptonary Pro
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