Uber is open to accepting cryptocurrencies

In a recent interview with Bloomberg TV, Uber CEO Dara Khosrowshahi said the ride-hailing giant will start accepting cryptocurrencies "at some point." However, the San Francisco-based company will only add this alternative payment option as crypto becomes more efficient and environmentally friendly. Bitcoin’s huge energy consumption has been a major hurdle preventing wider adoption by merchants. Tesla suspended BTC payments last May amid persistent climate-related concerns. Additionally, Khosrowshahi rejected the idea of adding cryptocurrencies to Uber’s balance sheet last September. "We will keep our cash safe," Khosrowshahi said.