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Jan 20, 2014

eBay UK to allow Bitcoin sales in ‘virtual currency’ category

Posted by in categories: bitcoin, business
It seemed like it was only a matter of time before e-commerce giant eBay and its payment platform PayPal addressed the sale and use of Bitcoin on its sites. And, despite concern from government regulators, it appears the company believes in virtual currencies — so much so, that it will soon start allowing their sale on its UK site.

Last week, PayPal President David Marcus tweeted “To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don’t support any currency txn whether fiat or BTC… for a host of regulatory issues. But we treat BTC and any FX txn the same way. We’re believers in BTC though.”

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