eBay Takes Its First Steps Toward [Digital] Currency

ebayEbay tries to categorize digital currencies as “Virtual” in their new “Virtual Currency” category in the classifieds section. This is another main stream slight against the currency Bitcoin, as it is in no way “Virtual”.

Ebay will soon realize bitcoins full potential and adopt it as a payment method. If they don’t, they will inevitably be squashed by competition.

“To promote a trustworthy marketplace and ensure compliance with applicable regulations, eBay is currently updating its Currency Policy,” an eBay spokesperson told Mashable in an email. “The updated policy will clarify that listings for Bitcoin and other similar virtual [digital] currencies must be listed in the Virtual [Digital] Currency Category in the Classified Ad format.”

Full article here.

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