The CEO of eBay Inc. Jamie Iannone in a recent interview with CNBC has said that the company is exploring the addition of cryptocurrencies as the payment option on its platform. The decision comes as the popularity of crypto assets as a payment option has been on the rise and the likes of Tesla and PayPal have opened the gates for crypto-based payments on its platform.
$EBAY INC CEO – LOOKING AT PAYMENT OPTIONS INCLUDING CRYPTOCURRENCY- CNBC INTERVIEW
— *Walter Bloomberg (@DeItaone) May 3, 2021
This bull run Bitcoin and other cryptocurrencies have not just attracted the attention of wall street giants and Fortune 500 companies who are using crypto assets as an investment tool as well as treasury hedging asset, in fact, the long asked question about the use case of digital asset as a form of payment has been answered as well. This year Tesla announced they would accept Bitcoin payment for the purchase of its popular range of electric vehicles. PayPal which added a crypto buying an
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