Cannes Set to Embrace Crypto Payments Citywide by Summer 2025

By: btc-pulse|2025/05/03 12:15:01

Cannes to Host Citywide Crypto Payments by Summer 2025Cannes, world-renowned for its luxurious film festival and vibrant events calendar, is set to become one of the most crypto-friendly cities in Europe by summer 2025. That’s according to Artem Shaginyan, CEO of Lunu Pay, one of the leading Web3 payment solutions providers. The French Riviera city has set its sights on 90% crypto payment coverage by its local businesses.When a city like Cannes starts to adopt crypto at scale, it shows that Web3 is no longer niche,” said Shaginyan.This will attract international visitors, especially high-net-worth individuals, as well as make Cannes a modern hub for digital finance.Local Government Leads the Way in Crypto AdoptionIn February, Cannes Mayor David Lisnard announced specialized crypto payment instruction workshops for business owners and professionals in the city. The workshops are aimed at accelerating the process and offering smooth onboarding for the merchants new to digital assets.The move is part of a larger plan to update Cannes’ commercial infrastructure and make it more appealing to tech-savvy, international clientele.Cities Around the Globe Follow Similar PatternsCannes is not alone in embracing crypto. Several international jurisdictions have made the same announcement in recent times:Lugano, Switzerland began accepting Bitcoin and stablecoins for taxes and municipal services in December 2023.Colorado, USA started accepting crypto tax payments in September 2022.Vancouver, Canada passed a motion in December 2024 to become a “Bitcoin-friendly city.”Panama City followed in April 2025 by accepting Bitcoin, Ether, USDC, and USDT for municipal payments.These actions are all indicative of a growing consensus among city governments that digital assets can play a central role in local economies.Crypto in Cannes: More Than a TrendCannes’ decision to encourage crypto payments reflects a deeper development of integrating Web3 infrastructure into everyday life. If successful, it could set an example for other cities struggling to balance tradition, tourism, and technological advancement.

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?

When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.

WEEX API Broker Program: Turn Your Trading Platform Into a Revenue Engine

Become a WEEX API Broker and earn up to 70% trading fee sharing. Get institutional-grade liquidity, OAuth Fast Connect, and a 4-5 day integration for your AI trading platform, bot, or signal community.

How to choose between buying discounted ETH, Bitmine, and SharpLink?

The answer may not lie in whose story is told better, but in specific dimensions such as cost of holding, financing ability, liquidity, and whether the narrative can be realized.

Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?

The revenue from consumer applications on Solana is no longer solely reliant on meme coin issuance, but is gradually spreading to more consumption scenarios.

Dan Bin's latest speech: Don't miss out on a great era

Don't let hesitation trap your steps, and don't let shortsightedness waste the passing years—make sure not to miss this magnificent era that belongs to us.

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.