Business

E-Commerce Giant Ebay Taking a imagine at Accepting Cryptocurrency for 187 Million Investors, CEO Finds


E-Commerce Giant Ebay Looking at Accepting Bitcoin for 187 Million Buyers, CEO Reveals

Ebay is asking at cryptocurrency as a price possibility for its 187 million investors on the platform, the corporate’s CEO has printed. The e-commerce wide is also exploring opportunities within the non-fungible token (NFT) alternate.

Ebay Taking a imagine Into Adding Cryptocurrency as Price Possibility

Ebay CEO Jamie Iannone acknowledged in a CNBC interview on Monday that the corporate is asking at accepting cryptocurrency as a price possibility.

He used to be asked about how Ebay is responding to the upward push in reputation and adoption of bitcoin and diversified cryptocurrencies. The CEO replied:

We’re expanding the types of funds that we make a selection. We now make a selection Apple Pay and Google Pay. Extra exchange for investors … We can proceed to imagine at diversified recommendations, take care of cryptocurrency.

He added: “Undoubtedly one of the substantial things about Ebay is that after there could be a brand new pattern, it precise shows up on Ebay. That’s what we are seeing in areas take care of NFTs [non-fungible tokens], which we are looking at how we are capable of explore that better.” He also essential that Ebay has “187 million investors on the platform,” which used to be reported within the corporate’s Q1 earnings free up.

Iannone used to be also particularly asked, “Does that time out you are getting into into the NFT alternate?” He replied:

We’re looking at it and exploring opportunities on how we are capable of enable it on Ebay in an easy formula.

Paypal used to be Ebay’s subsidiary except 2015 when the corporate spun off the funds wide to its shareholders. Paypal launched its crypto service closing 300 and sixty five days and enabled crypto funds at millions of stores in March. Now now not too prolonged ago enable Venmo app users to make a selection, sell, and retain take cryptocurrencies.

What attain you imagine Ebay accepting bitcoin? Recount us within the comments half under.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions only. It is now now not a notify offer or solicitation of a tenet to make a selection or sell, or a tenet or endorsement of any products, services, or companies. Bitcoin.com does now now not provide funding, tax, fair genuine, or accounting advice. Neither the corporate nor the creator is accountable, straight or in a roundabout scheme, for any injury or loss introduced on or alleged to be attributable to or in reference to the use of or reliance on any narrate, items or services mentioned in this text.

Related Articles

Back to top button