The city of Lugano, Switzerland, is embracing Bitcoin, allowing residents and visitors to pay for everyday goods and services, including at a local McDonald's, and even for municipal services like pre-school childcare.

• Approximately 350 shops and restaurants in Lugano now accept Bitcoin.
• The city council distributed free cryptocurrency payment terminals to local businesses.
• The processing fee for Bitcoin transactions is generally below 1%, lower than traditional credit card fees.
• Plan B, an initiative launched in 2022 by the City of Lugano in collaboration with Tether, aims to make Lugano the "European hub for bitcoin."
• 110 crypto-sector companies have moved to or started up in the city.