The boss of global giant Uber has announced the app will accept Bitcoin and other cryptocurrencies “at some point” in the future.
Sharing the news during an interview with Bloomberg, CEO Dara Khosrowshahi said that the company has been having internal discussions about cryptocurrencies “all the time.”
However, he also clarified that now isn’t the “right point” for it - high transfer fees and the negative environmental effects of mining cryptocurrencies are some of the reasons behind the platform not accepting Bitcoin just yet, according to CryptoNews.