Uber CEO says the company will accept bitcoin if there's a need for it

Bitcoin • February 11, 2021, 9:20AM EST
UPDATED: February 11, 2021, 9:41AM EST
The Block

Uber CEO Dara Khosrowshahi has said that the company will accept bitcoin and other cryptocurrencies as a form of payment if there is a benefit and a need for it.

In an interview with CNBC on Thursday, Khosrowshahi further said that Uber, however, is not considering investing in bitcoin as part of its treasury.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

"It was a conversation that happened that has been quickly dismissed. We're going to keep our cash safe. We're not in the speculation business," said Khosrowshahi.

Uber has been a member of the Libra (now Diem) Association since October 2019.

About Author

Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.

More by Yogita Khatri