American car dealer Post Oak Motor Cars started accepting bitcoin

The company has partnered with NYDIG to work with digital assets. POMS employees will be able to receive part of their salary in cryptocurrency
Bitcoin

U.S. luxury car dealer Post Oak Motor Cars (POMS) began accepting bitcoin as payment for cars. The company reported that it has already sold the first car for cryptocurrency – Rolls Royce Ghost.

To do this, the car dealer entered into a partnership agreement with NYDIG (New York Digital Investment Group). The partnership will also allow Post Oak Motor Cars employees to receive a portion of their salaries in bitcoin. Customers of the car dealer will be able to get a loan to buy a car using the first cryptocurrency as collateral.

NYDIG was founded in 2017 and specializes in investing in digital assets. The company now has $6 billion in assets under management.

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The post was written by Crypto Expert John Belford

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