Crypto.com Enables Crypto Payments for F1 Miami Grand Prix

By: blockchainreporter|2025/05/02 18:45:01

Crypto.com has launched its payment solution, Crypto.com Pay, at the Formula 1 Crypto.com Miami Grand Prix. The use of cryptocurrencies for the purchase of food and beverage by selected event merchants is the first ever. This integration allows users to pay using available digital assets to make purchases directly through the Crypto.com App.Under the initiative, fans can make secure payments during the race weekend scheduled at the Miami International Autodrome from May 2 to May 4, 2025. Users of digital assets will have the flexibility to pay with cryptocurrencies at participating vendors throughout the venue.Crypto.com Enhancing Accessibility Through Zero-Fee TransactionsMerchants enjoy the zero-transaction fee model to accept crypto payments from the platform users through Crypto.com Pay. This solution is suitable for multiple cryptocurrencies making transactions quicker and more economical. A simplified onboarding experience is offered to the merchants and consumers are offered a convenient alternative to the traditional payments.In a statement, Joe Anzures, General Manager, Americas and EVP of Payments at Crypto.com said that this helps to support the company’s vision of broader crypto adoption. However, he pointed out that cryptocurrency usage of major global events is a major platform to expand usage among digitally engaged audiences.Long-Term Partnership Strengthened with Formula 1 Miami GPSince it launched in 2022, Crypto.com has been the title partner of the Formula 1 Crypto.com Miami Grand Prix. The event is clear with its brand presence on the track, podium, and fan zones. Despite a reduced profile in recent years to the point that it has fallen off the news radar, the event continues to attract big audiences and has a major economic impact on the region.Crypto.com and the Grand Prix organization executives stress the common dedication to innovation. The collaboration is part of the ongoing push to incorporate digital solutions into high-profile sporting events and improve the fan experience with modern payment technologies.

-- Price

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.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

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.