eBay to Start Accepting Crypto? Community Stirred by Unconfirmed Twitter Rumours

eBay to Start Accepting Crypto? Community Stirred by Unconfirmed Twitter Rumours

Photos have leaked from preparations for the coming Consensus 2019 conference that eBay, one of the sponsors, might hint that the company plans to start accepting crypto soon and it will not be Bitcoin

eBay is one of the sponsors of the upcoming Consensus conference that is to take place in New York on May 15. Along with eBay, the event will be sponsored by such companies as ConsenSys, Ledger, Tron, Microsoft, BitGo and others.

eBay is rumoured to start taking crypto payments soon

These advert photos, which have leaked into the web, have sparked a massive speculation on Twitter. Users are curious whether the world-famous e-commerce platform is headed towards crypto payments in the near future.

Should this be true, eBay, which is one of the largest market places on the planet with 180 mln regular users, will give cryptocurrency a major push towards global adoption.

The rumours have it that the crypto eBay is allegedly eying is Binance Coin (BNB).

Some in the crypto community are pointing out to the fact that a former executive of PayPal and eBay, Sanja Kon, already works for the UTRUST crypto payments service and is in charge of Global Partnerships. Quite possibly that Kon would try to get eBay as a strategic partner.

Just recently, Kon worked as Head of Marketplaces and Large Enterprise Partnerships at PayPal and before that she had spent five years working for eBay.

eBay has been eying BTC for a while, PayPal declines it

Two years ago, the Senior VP for eBay, Scott Cutler, shared with Yahoo Finance that the e-commerce giant is mulling starting to accept Bitcoin for its goods.

Last week, the CFO of PayPal publicly said that it is too early for PayPal to start using BTC transactions due to the high volatility of the market. Besides, he added that the top management team is more excited by blockchain itself rather than Bitcoin.

Virtual Currencies already exists on eBay

The pictures featured in the tweets above could be about a totally different thing, though. Virtual Currency. Its happening on eBay this could refer to the category titled Virtual Currency that allows platform users to trade crypto against fiat anonymously. If that is the case, then the community is jumping to conclusions way too fast.

The post eBay to Start Accepting Crypto? Community Stirred by Unconfirmed Twitter Rumours appeared first on Ethereum World News.

13.05.2019 / 01:20 67
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