Uber CEO says the company will accept bitcoin if there's a need for it
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.
"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.
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Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.
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