Mary Barra, General Motors CEO told CNBC that nothing is hindering the company from adopting cryptocurrencies and their sole purpose is to help customers make purchase easily.
Back in February, she said that her company would “continue evaluating” Bitcoin following Tesla’s $1.5 billion bet on the largest cryptocurrency.
Tesla suspended Bitcoin payments in May due to the cryptocurrency’s CO2 footprint, triggering a massive crash. Earlier this month, CEO Elon Musk tweeted that a greener Bitcoin would allow the leading electric vehicle maker to resume them.
Given that GM has plans to shift to a 100 percent EV lineup by 2035, Tesla giving Bitcoin another try would likely entice GM to follow its lead.
This article is for informational purposes only. thecoinfin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.