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Airbnb Is Considering Supporting Cryptocurrency While Concentrating On Providing Free Housing To 100,000 Ukrainian Refugees

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  • Airbnb has around 6 million current listings worldwide, with over 4 million hosts, according to its website. There are 100,000 active Airbnb listings in cities and towns throughout the world. Several individuals in Ukraine are seeking to take bitcoin as payment with in aftermath of Russia’s invasion, thus Chesky got asked whether Airbnb accepts cryptocurrencies.
  • Obtained funds and are ready to accommodate up to 100,000 refugees. We can accommodate quite so many refugees because we have hosts, she says.
  • Airbnb announced on Monday it will provide close as 100,000 Ukrainian refugees with free temporary accommodation. Since the Russian intervention began, and over 600,000 people have fled Ukraine, according to the UN. According to the European Union, up to 4 million people may attempt to flee Ukraine as a result of Russia’s invasion.

Airbnb has revealed that this is thinking about supporting bitcoin. In addition, the company has offered to house close to 100,000 Ukrainian displaced people. As per the European Union, approximately 4 million people may attempt to flee Ukraine as a result of Russia’s invasion.

Airbnb’s CEO Talks About Crypto As Well As The Ukrainian Refugee Problem

Inside an interview on CNBC on Tuesday, Airbnb CEO Brian Chesky discussed bitcoin and his company’s efforts to assist Ukrainian migrants. Airbnb has around 6 million current listings worldwide, with over 4 million hosts, according to its website. There are 100,000 active Airbnb listings in cities and towns throughout the world. Several individuals in Ukraine are seeking to take bitcoin as payment with in aftermath of Russia’s invasion, thus Chesky got asked whether Airbnb accepts cryptocurrencies. He responded, 

Airbnb is a place to stay. Of course, I support the concept of cryptography as a whole. It’s a fascinating technology, in my opinion. In the start of the year, I went on Twitter and asked a group of Twitter if Airbnb could debut anything at all in 2022, which would it be? he continued. The most common reaction was to incorporate crypto payments, therefore I’ve set up a team to look into it. While noting that Airbnb has nothing to say about cryptocurrency payments just yet, the CEO emphasised: We are thoroughly investigating this, particularly in light of the current circumstances.

Right now, we’re primarily focused on providing homes for refugees, Chesky added, noting that nothing crypto will be done that quickly. That’s why I’ve put together a team. Airbnb has been considering cryptocurrency for a long time. The corporation identified blockchain and cryptocurrency as among of the technologies it is evaluating in its prospectus filed with the US Securities & Exchange Commission (SEC) in November the year before.

ALSO READ: SEC Targets NFTs, Sending Subpoenas to Various Creators and Firms

More Than 600,000 Citizens Have Fled Ukraine

Airbnb announced on Monday it will provide close as 100,000 Ukrainian refugees with free temporary accommodation. Since the Russian intervention began, and over 600,000 people have fled Ukraine, according to the UN. According to the European Union, up to 4 million people may attempt to flee Ukraine as a result of Russia’s invasion. We went out now to governments in Poland, Germany, Hungary, Romania, and even nations further west to offer support, said Airbnb CEO Brian Chesky.

We’ve been contacting our hosts. He said, We’ve obtained funds and are ready to accommodate up to 100,000 refugees. We can accommodate quite so many refugees because we have hosts, she says.

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