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    200-Year-Old American Wine Shop Now Accepts Cryptocurrencies  – Bitcoin News

    By Gordon JamesMay 16, 2021Updated:February 24, 2023No Comments2 Mins Read

    Almost every day, a new company announces the launch of some form of cryptocurrency. One of the world’s largest fine wine auction houses and America’s oldest winery, Acker, has announced that it will accept digital currency for auction payments and retail wine purchases.

    Acker Wine Shop steps into the world of crypto

    This week, liquor store and auction house Acker announced that they are now accepting cryptocurrencies for goods and services. For now, Acker accepts BTC, BCH, ETH, DOGE and three stablecoins through the Bitpay payment processor.

    In addition, the wine company, founded in 1820, has also added BTC and ETH to its dedicated market portal. At the announcement, Acker’s president, John Capon, said he believed cryptocurrencies were here to stay.

    Cryptocurrency is no longer a fad, and as one of the oldest licensed companies in America, Acker is proud to embrace this new form of payment as we continue to evolve as a company in the third century, Capon noted.

    Acker plans to explore more digital innovations in the future

    Mr. Capon is a third generation wine merchant and began the company’s auction business in 1998. Since then, Mr. Acker has become known for offering services such as cellar advice, detailed inventories of fine and rare wines for immediate sale.

    Cryptocurrencies are here to stay, Capon added. We are excited to offer these additional payment options in this ever-changing world. We look forward to expanding our already strong network of wine lovers soon, as well as making other exciting announcements in the digital space.

    According to Acker, the company will hold the auction on April 23 and 24 in Hong Kong, before it takes place on April 12 and 13. May returns to Delaware.

    What do you think of Acker’s support for payment for goods and services in electronic money? Let us know what you think in the comments below.

    Tags in this story

    Acker, president, acker wine shop, bitcoin (BTC), bitcoin cash BCH, BitPay, crypto payments, crypto support, cryptocurrency, ETH, Ethereum, John Capon, wine shop

    Photo credit: Shutterstock, Pixabay, Wiki Commons

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    Gordon James
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    Gordon James is a crypto journalist who loves to write about the latest news and trends in the blockchain world. He has been following the cryptocurrency space since early 2017, and is fascinated by the potential that blockchain technology has to change the world. In his free time, Gordon enjoys hiking and spending time with his dog, Tucker.

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