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Benzinga
Benzinga
Business
Adrian Zmudzinski

Uber To 'Absolutely' Accept Cryptocurrency In The Future, CEO Says

Uber Dara Khosrowshahi NYSE Uber Technologies Inc.

Uber Technologies Inc. (NYSE:UBER) will eventually accept cryptocurrencies as a means of payment, according to the firm's CEO Dara Khosrowshahi.

What Happened: In an interview with Bloomberg published on Friday, Khosrowshahi said Uber has "internal conversations all the time" about accepting cryptocurrencies. He said he believes cryptocurrencies such as Bitcoin (CRYPTO: BTC) are better suited to act as a store of value, but their exchange mechanism is damaging the environment.

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