Ebay mulls letting customers pay in Bitcoin – CityAM

Cryptocurrency is among the new cost choices EBay is exploring for patrons, CEO Jamie Lannone has stated.

In an interview with CNBC, Lannone stated the e-commerce agency can be exploring methods to get in to the enterprise of non-fungible tokens (NFTs) – distinctive tokens saved on blockchain which have just lately develop into fashionable amongst these within the leisure enterprise.

Read extra: Ebay and Adevinta sell British units to secure CMA approval

NFTs could be issued by anybody, however they’ve shortage as a result of every token is exclusive, and exhibits possession of a selected asset – digital or tangible. 

Bitcoin is the world’s hottest cryptocurrency and one Bitcoin is presently price almost $58,000.

If EBay goes forward with the plans it will likely be one of many first companies on the planet to supply cryptocurrency as a type of cost, becoming a member of likes of Tesla and WeWork in accepting cryptocurrency in trade for items or companies.


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