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Cannes Merchants to Embrace Crypto Payments Ahead of Film Festival

Cannes Merchants to Embrace Crypto Payments Ahead of Film Festival

Merchants in Cannes, France — home to the iconic Cannes Film Festival — are preparing to accept cryptocurrency payments by summer 2025.

 The move aims to modernize the city’s payment infrastructure and attract high-net-worth visitors by offering them more flexible, digital-friendly transaction options.

According to information from Artem Shaginyan, founder and head of strategy at Web3 payments firm Lunu Pay, the Cannes municipal government is pushing for a 90% adoption rate among local merchants.

The initiative is designed to position Cannes as a forward-thinking, luxury destination ready to cater to the growing number of crypto-savvy travelers.

Author
Kosta Gushterov

Reporter at Coindoo

Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.

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