eBay to Accept Crypto? New York Adverts Hint at Huge Mainstream Breakthrough

By CCN: eBay is readying support for “virtual currencies” and “digital collectables” if new promotional adverts are to be believed.

Spotted at the Consensus conference in New York, the banners suggest eBay is about to enter the cryptocurrency arena in what would be a major mainstream breakthrough.


Telegram channel Patrons of the Moon shares images of eBay’s New York cryptocurrency advert.



The images, first leaked on Telegram channel @PatronsOfTheMoon, have yet to be to confirmed by eBay. But if they are legitimate, it could open up cryptocurrencies to 180 million active buyers.

The bidding marketplace may also be eying the digital collectables market, made famous by Cryptokitties in late 2017. The potential of digital collectables was made real by Ethereum, for the first time offering a platform for truly unique, one-of-a-kind digital assets.

As a hub for collectable items and auctions, eBay is a natural mainstream platform for the future of digital collectables.



While there is no official statement on its crypto plans, the marketplace has been widely linked to bitcoin payment gateway UTRUST.

UTRUST hired former eBay and PayPal executive Sanja Kon as VP of Global Partnerships in 2018. So a partnership between UTRUST and eBay would be a logical conclusion.

In a statement at the time, UTRUST said:

“Sanja’s experience at PayPal and eBay makes her the perfect person to help UTRUST drive merchant adoption of our crypto-payments platform… We anticipate that she will be a key driver in elevating UTRUST’s brand in the crypto-commerce space and ultimately the future of online payments industry.”


The e-commerce marketplace has had an eye on crypto payments since the tail end of 2017. As CCN reported at the time, senior vice president of eBay Americas Scott Cutler said the company was “seriously considering” adopting bitcoin payments.

“This is a trend that everybody is talking about, but sadly, at eBay, we don’t currently accept bitcoin as a form of payment,” Cutler said. “We’re seriously considering it as these cryptocurrencies become more of a mainstream” payment instrument, but we’re not quite there yet.”


The e-commerce giant’s surprising reveal isn’t the only major news from Consensus. New York crypto payments startup Flexa hinted at partnerships with Starbucks, Nike, and Bed, Bath, & Beyond at the conference. The startup is launching its app at Monday’s Consensus event.

CryptoWeekly Round Up, 10th October 2019



Link www.ccn.com/ebay


Register for the Share Talk investor evening, London 26th November 2019

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.

Terms of Website Use

All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Tags: ,
Malcare WordPress Security