Tether and Lugano Collaborate to Present Satoshi Nakamoto Statue at Plan ₿ Forum

Lugano has made substantial strides in adopting cryptocurrency, establishing BTC, Tether (USDT), and its own LVGA token as legal tender for payments. As part of its annual Plan ₿ forum, Tether partnered with Lugano’s officials to reveal a new statue honoring Bitcoin’s elusive creator, Satoshi Nakamoto.

The statue, according to Tether’s statement, celebrates Nakamoto’s mystery and visionary contribution to decentralized finance. Designed by artist Valentina Picozzi, the statue is crafted to change with the observer’s viewpoint, symbolizing Nakamoto’s own transition from the public eye. Positioned prominently in front of Lugano’s Villa Ciani, it reflects the principles of decentralization and financial independence, while preserving the enigma surrounding Nakamoto’s identity.

Crypto Integration Gains Momentum in Lugano

Since launching the Plan ₿ initiative with Tether, Lugano has integrated cryptocurrency deeply into its ecosystem. Residents can now use BTC, USDT, and LVGA to pay for taxes and public services, marking a strong move toward everyday crypto utility.

The Plan ₿ forum has become a hub for blockchain leaders, government representatives, and crypto advocates, fostering discussions about cryptocurrency’s future. In December 2023, Lugano fully integrated crypto payments, enabling residents to handle their bills by scanning QR codes with mobile wallets, solidifying the city’s reputation as a leader in digital finance innovation. Through Plan ₿, Lugano continues to be at the forefront of embracing cryptocurrency for a modern economy.

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