Hi friends, The official retailer of the Chinese tech behemoth, Mi Store Portugal, recently made the decision to accept bitcoin payments.Bitcoin, Ethereum, Tether, and Dash may now be used to purchase Xiaomi smartphones, vacuum cleaners, smartwatches, electric scooters, and other devices.Xiaomi has collaborated with Utrust, a Swiss cryptocurrency payment service provider whose native token is also accepted by Mi Store Portugal, to enable support for digital assets.With its entry into crypto, Xiaomi which just overtook Apple in the smartphone market—strives to live true to its slogan of delivering “innovation for everyone,” according to Pedro Maia, head of marketing at Mi Store Portugal
Given that Portugal is considered to become the most crypto-friendly European country because of its tax laws, it is unsurprising that Xiaomi has chosen Portugal as a testbed for digital asset payments.
