EBay’s PayPal Unit to Start Accepting Bitcoin Payments – Bloomberg

EBay Inc. EBAY’s PayPal service will start accepting bitcoins, opening up the world’s second-biggest Internet payment network to virtual currency transactions.“We’re announcing PayPal’s first foray into bitcoin,” Bill Ready, the chief of EBay’s Braintree unit, said at Techcrunch’s Disrupt SF conference yesterday. “Over the coming months we’ll allow our merchants to accept bitcoin.  On the consumer side it will be a sleek experience.” EBay, as the world’s biggest Web marketplace and operator of a global…

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