News Commentary #1,608 – DollarBill | Crypto Finance, eBay Next..?

More news from global internet financial market have been posted by DollarBill (reviewed here) platform. This piece of news is just another proof of further development and integration of crypto market into the global trade market as a part of financial one.

Let’s check this out:

eBay to add crypto payment options soon, says CEO

Major e-commerce marketplace eBay could integrate crypto payments soon, said CEO Jamie Iannone in a recent interview.

The internet marketplace is among the oldest e-commerce platforms, now looking to become the go-to platform for Gen Z and Millennials. The CEO said in an interview with The Street that the firm is looking to integrate crypto payment options for quite some time and an official announcement could be made during the upcoming investor’s day on March 10.

During his interview, Iannone revealed that the e-commerce giant is looking to transition to new payments modes as they are already managing $85 billion of volume on its platform directly.

Talking about eBay’s stance on emerging technology such as blockchain and cryptocurrencies, Iannone pointed toward the growing popularity of nonfungible tokens trading on its platform without making any official announcement regarding the same.

Check other news for today and Please stand by..

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