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Liberala dealerships will let customers pay in bitcoin via their smartphones.
Cryptocurrencies

Are you a newly minted bitcoin millionaire? Buy a used car

Japanese dealer Gulliver to accept up to $890,000 in cryptocurrency

YUKINORI HANADA, Nikkei staff writer | Japan

TOKYO -- The operator of Japanese used-car chain Gulliver will start accepting bitcoin on Wednesday, as it looks to cash in on the cryptocurrency's stunning ascent.

IDOM, the operator, will first accept bitcoin at its Liberala dealerships, which sell luxury imported brands like Mercedes-Benz. Twenty-four locations across the country will allow digital transactions worth up to 100 million yen ($890,000). 

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