THELOGICALINDIAN - Ebay is attractive at cryptocurrency as a acquittal advantage for its 187 actor buyers on the belvedere the companys CEO has appear The ecommerce behemothic is additionally exploring opportunities in the nonfungible badge NFT business
Ebay Looking Into Adding Cryptocurrency as Payment Option
Ebay CEO Jamie Iannone said in a CNBC account on Monday that the aggregation is attractive at accepting cryptocurrency as a acquittal option.
He was asked about how Ebay is responding to the acceleration in acceptance and acceptance of bitcoin and added cryptocurrencies. The CEO replied:
He added: “One of the abundant things about Ebay is that back there is a new trend, it aloof shows up on Ebay. That’s what we are seeing in areas like NFTs [non-fungible tokens], which we are attractive at how we can analyze that better.” He additionally acclaimed that Ebay has “187 actor buyers on the platform,” which was appear in the company’s Q1 balance release.
Iannone was additionally accurately asked, “Does that beggarly you are accepting into the NFT business?” He replied:
Paypal was Ebay’s accessory until 2015 back the aggregation spun off the payments behemothic to its shareholders. Paypal launched its crypto account aftermost year and enabled crypto payments at millions of food in March. Recently accredit Venmo app users to buy, sell, and authority baddest cryptocurrencies.
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