UBER might accept cryptocurrency in the near future

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UBER might accept cryptocurrency in the near future
12 Feb 2022
4 min read

News Synopsis

Lately. Cryptocurrency has been the talk of the town. There have been various discussions on these newly discovered digital payment methods. Recently in the Union Budget of India, the Government decided to put profit earned from cryptocurrency under taxable income. Recently the ride-hailing company Uber’s CEO Dara Khosrowshahi also gave a subtle hint that his company might be accepting cryptocurrency as a payment method in an interview. He told Bloomberg,” Is Uber going to accept crypto in the future? Absolutely. At some point, This isn't the right point. As the exchange mechanism becomes less expensive and becomes more environmentally friendly, I think you will see us leaning into crypto a little bit more”. Earlier than Uber, an EV car manufacturer, Tesla has also started accepting digital currency as a payment method.

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