23 Jan '14, 5pm

EBay considering accepting bitcoin as payment

Ebay is now considering allowing customers to use bitcoin for payment for both eBay and PayPal, sources inside the company told CNBC. The company hasn't yet made a decision, and is waiting for the regulatory framework to become clearer before it makes a final call, the sources told CNBC. Next month, eBay US and eBay UK will allow its customers to buy and sell bitcoins for the first time. (Read more : PayPal is stronger with eBay: CEO ) A spokesman for eBay said: "The growth of alternative currencies like bitcoin have the potential to be disruptive technologies but they are all still in the early stages of development. We're closely following this area and look forward to seeing how it develops." (Read more : Two Vegas casinos to accept bitcoin )

Full article: http://www.cnbc.com/id/101356642

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