Finance News
By Sydney TheCMO
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Ecommerce giant eBay has confirmed that it is open to considering accepting cryptocurrencies as a form of payment on its platform.
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eBay CEO Jamie Iannone divulged these plans when he was interviewed by CNBC. The company also released a statement to Reuters to confirm this: "We are always looking at the…
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eBay has long reined in on customers using its platform to perform bitcoin or NFT-related sales. But this change of stance will be a welcomed move for the entire crypto community.
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For eBay, the NFT space is particularly attractive because the platform has long been a popular place for collectables.
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eBay will be joining major American companies that have already started accepting cryptocurrency as a mode of payment.
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PayPal has also allowed crypto purchases at Venmo, its subsidiary payment app that focuses on millennials.
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The recent adoption of cryptocurrency by the two major American companies is only adding to the positive sounds in crypto land. Do you care to listen?
The Currency Analytics
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