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EBay says open to accepting to cryptocurrencies | The Specific Tribune

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WASHINGTON:

EBay Inc is open to the potential of accepting cryptocurrency as a type of cost sooner or later and is methods to get non-fungible tokens (NFTs) on its platform, the corporate mentioned on Monday.

A rising variety of corporations have begun to just accept digital currencies as a type of cost, 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 is already accepting bitcoin as cost for its electrical automobiles, whereas funds large PayPal final 12 months began permitting prospects to purchase, promote and maintain cryptocurrencies utilizing its on-line wallets.

‘Britcoin’ not bitcoin? UK considers digital foreign money

“We are always looking at the most relevant forms of payment and will continue to assess that going forward. We have no immediate plans, but it (cryptocurrency) is something we are keeping an eye on,” eBay mentioned in an announcement to Reuters.

In an interview with CNBC, Chief Govt Officer Jamie Iannone mentioned that accepting digital foreign money was an choice the corporate was .

EBay, which upset buyers with a weak second-quarter revenue forecast final week, mentioned it was a “number of ways” to get into the NFT area.

NFTs, a sort of digital asset that exists on a blockchain, have exploded in reputation this 12 months, with NFT artworks promoting for thousands and thousands of {dollars} and musicians such because the Kings of Leon rock group embracing them for his or her newest album.

Bitcoin rises 6.54% to $57,098.08

“We’re exploring opportunities on how we can enable it (NFTs) on eBay in an easy way,” Iannone mentioned on CNBC.

“Everything that’s collectible has been on eBay for decades and will continue to be for the next few decades.”

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