Australian grocery chain On The Run (OTR) plans to accept payments with crypto assets at 170 outlets.
Australian grocery and gas station giant On The Run (OTR) is preparing to accept crypto assets. With the plan, which is thought to cover 170 points of sale, customers will be able to pay with 30 crypto assets. As part of this plan, the company has partnered with crypto-asset trading platform Crypto.com.
Payments are scheduled to be activated in July. Once that happens, the company will be the largest in the country to adopt in-store crypto payments.
The increasing use of crypto assets in Australia is pushing the government to regulate the field. Australian senator Andrew Bragg announced the Digital Services Act (DSA) last month, which aims to regulate market licensing, taxes and custody of virtual assets in Australia.
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