eBay Takes Its First Steps Toward Virtual Currency

One small step for Bitcoin, one medium-sized leap for eBay.

Starting on Feb. 10, the UK section of the online marketplace will open a "virtual currency" category within its classified ads for the listing of Bitcoin, as well as its various offshoots — Coinyes, dogecoins and others that have emerged.

Customers will be able to put up listings for virtual cturrencies and conceivably offer them as forms of payment in outside transactions. Purchases through eBay will still need to be in a government-issued currency.

“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 currencies must be listed in the Virtual Currency Category in the Classified Ad format." Read more...