SAN JOSE, Calif.—A new report suggests eBay is considering accepting cryptocurrency.
“Newly leaked ads from e-commerce company eBay show that the company is planning to launch a new crypto payment option for its customers. Its interest in digital currencies is evident by its sponsorship of annual crypto event Consensus,” Inside Bitcoins said.
“Some leaked ad images from Consensus reveal that the e-commerce company could be serious about adding crypto ads. One of the crypto ads reads, ‘Virtual Currency. It’s happening on eBay.’ According to the company’s own estimates, it has about 179 million active buyers around the world,” Inside Bitcoins said, adding that with millions of buyers, a crypto payment option will “pave the way for mass adoption of digital coins for the world.”
This is not the first time eBay is venturing into crypto. Its website already has a virtual currencies section, and it even lists crypto-related products like hardware wallets and even Bitcoin miners, Inside Bitcoins noted.
“However, this is the first strategic step towards adoption by any major online retailer,” Inside Bitcoins said.