Share this article
Uber Denies Plans to Accept Bitcoin Payments
Uber has denied rumors that is currently integrating bitcoin as a payment option for its on-demand mobile ride-sharing services.
By Pete Rizzo
Updated Sep 11, 2021, 11:45 a.m. Published Jul 8, 2015, 5:50 p.m.
Uber has denied that it is currently integrating bitcoin as a payment option for its on-demand mobile ride-sharing services.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Suspicions regarding a potential announcement first began to circulate on social media yesterday after a user posted a cryptic interaction with one of the company's help desk representatives to Reddit.
The text of the message suggested that Uber was "currently making bitcoin work" for the service, but offered few supporting details.
However, a representative for Uber indicated that such assertions were unwarranted, telling CoinDesk flatly: "This story isn't true."
Speculation that the company could move to accept bitcoin has emerged periodically from the bitcoin community, including in the weeks preceding the announcement that mobile payments firm Braintree would integrate a bitcoin payments option.
In a further connection between the technology and the company, Uber SVP Emil Michael was named as investor in micropayments startup Neucoin's $1.25m angel round in February.
Yessi Bello-Perez contributed reporting.
Image credit: MAHATHIR MOHD YASIN / Shutterstock.com
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Treads Water Near $90K as Bitfinex Warns of 'Fragile Setup' to Shocks
BTC's relative weakness compared to stocks points to tepid spot demand, making the largest crypto vulnerable to macro volatility, Bitfinex analysts said.
What to know:
- Bitcoin erased very modest overnight gains early Monday and spent the rest of the U.S. session in a tight range around the $90,000 level.
- Rising long bond yields and a small U.S. equities pulling back weighed on risk appetite as traders eye this week's Federal Reserve meeting.
- Bitfinex analysts pointed out bitcoin's relative weakness against U.S. stocks amid modest spot demand and structural softness.
Top Stories
