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An eBay signal at an workplace constructing in San Jose, California, Could 28, 2014. REUTERS/Beck Diefenbach
EBay Inc (EBAY.O) is open to the potential for accepting cryptocurrency as a type of fee sooner or later and is taking a look at methods to get non-fungible tokens (NFTs) on its platform, the corporate stated on Monday.
A rising variety of firms have begun to just accept digital currencies as a type of fee, taking an asset class that had been shunned by main monetary establishments just a few years in the past, a step nearer to changing into mainstream.
Tesla Inc (TSLA.O) is already accepting bitcoin as fee for its electrical vehicles, whereas funds large PayPal (PYPL.O) final 12 months began permitting clients to purchase, promote and maintain cryptocurrencies utilizing its on-line wallets. read more
“We’re at all times wanting on the most related types of fee and can proceed to evaluate that going ahead. We’ve no speedy plans, but it surely (cryptocurrency) is one thing we’re keeping track of,” eBay stated in a press release to Reuters.
In an interview with CNBC, Chief Govt Officer Jamie Iannone stated that accepting digital foreign money was an possibility the corporate was taking a look at.
EBay, which upset traders with a weak second-quarter revenue forecast final week, stated it was taking a look at a “variety of methods” to get into the NFT area. read more
NFTs, a sort of digital asset that exists on a blockchain, have exploded in reputation this 12 months, with NFT artworks promoting for tens of millions of {dollars} and musicians such because the Kings of Leon rock group embracing them for his or her newest album. read more
“We’re exploring alternatives on how we are able to allow it (NFTs) on eBay in a straightforward approach,” Iannone stated on CNBC.
“All the things that’s collectible has been on eBay for many years and can proceed to be for the subsequent few a long time.”
(This story refiles to appropriate CEO identify in paragraphs 5 and eight to Iannone; Corrects typographical errors in paragraphs 1, 3 and 4.)
Our Requirements: The Thomson Reuters Trust Principles.
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