30 Aug '17, 7pm

Is Uber About to Accept Bitcoin Directly?

Ex-Expedia CEO and Bitcoin-friendly Dara Khosrowshahi has landed the new CEO role at Uber - which is leading some cryptocurrency specialists to speculate that the ride-sharing giant will soon accept Bitcoin as a form of payment. As rumors go, there is a backstory that supports those claims - Khosrowshahi, as CEO at Expedia, allowed Bitcoin payments for the online travel site's hotel reservations division. While Uber is mum on the issue (it does accept Bitcoin payments from third party vendors, like CoinBase, but Uber does not accept direct crypto payments for its ride-sharing services), the rise of Bitcoin-friendly Khosrowshahi as company CEO does shine a light on the fact that more and more companies are accepting crypto payments for their products and services. "Our firm recently began accepting bitcoin payments," says Josh Rosenblatt, attorney at law at BlackLine Paymen...

Full article: https://www.thestreet.com/story/14287261/1/is-uber-about-...

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