IMG-LOGO

Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees

News Feed - 2022-03-02 10:03:18

Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees


Airbnb confirms that it is looking to support cryptocurrency. The company has also offered to provide housing for up to 100,000 Ukrainian refugees. According to the European Union, about four million people may try to leave Ukraine because of the Russian invasion. Airbnb’s CEO Discusses Cryptocurrency and the Refugee Crisis in Ukraine


The CEO of Airbnb, Brian Chesky, talked about cryptocurrency and his company’s efforts to help Ukrainian refugees in an interview with CNBC Tuesday. According to its website, Airbnb has about 6 million active listings worldwide, with more than 4 million hosts. There are 100,000 cities and towns with active Airbnb listings.


Chesky was asked if Airbnb supports crypto since some people in Ukraine are trying to take payments in cryptocurrency following Russia’s invasion. He replied: Airbnb is. I mean, I am personally supportive of the idea of crypto, of course. I think it’s a really interesting technology.


He continued: “I went on Twitter in the beginning of the year and I asked a community on Twitter if Airbnb can launch anything in 2022, what would it be? The number one response was [to] add crypto payments, so I have a team looking into that.”


While clarifying that Airbnb does not have anything regarding crypto payments to announce yet, the CEO emphasized: We are absolutely looking into this and specific to this crisis.


Noted that it is unlikely that anything crypto will be implemented “that quickly,” Chesky said: “So right now we’re really focused on is providing housing for refugees. That’s what I’ve mobilized a team to do.”


Airbnb has been thinking about cryptocurrency for quite some time. In its prospectus filed with the U.S. Securities and Exchange Commission (SEC) in November last year, the firm named blockchain and cryptocurrencies as some of the technologies it is considering.


Airbnb announced Monday that it is offering free temporary housing for up to 100,000 refugees from Ukraine. Since the start of the Russian invasion, more than 600,000 civilians have fled Ukraine, according to the UN. The European Union estimates that up to four million people may try to leave Ukraine because of the Russian invasion.


“We reached out to governments in Poland and Germany and Hungary and Romania, and countries even west of them to offer assistance,” the Airbnb CEO explained.


“We’ve been reaching out to our hosts. We’ve secured funding and so we’re prepared to house up to 100,000 refugees,” he shared. “Frankly, we can house as many refugees as we have hosts.”


You can support Ukrainian families, children, refugees and displaced people by donating BTC, ETH and BNB to Binance Charity’s Ukraine Emergency Relief Fund Tags in this story Amnesty, reporting violations, SEC amnesty, securities law violations, self report violations


What do you think about Airbnb offering housing for up to 100,000 refugees? Do you think Airbnb should accept cryptocurrency? Let us know in the comments section below. Kevin Helms


A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. AMC Theatres to Accept Dogecoin and Shiba Inu Payments in Coming Weeks, CEO Says FEATURED | 1 day ago Drilling at West Africa Abujar Gold Deposit Garners Over 503 Grams Per Tonne FEATURED | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleData Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades Next articleHillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.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. Read disclaimerShow comments More Popular NewsIn Case You Missed ItMcDonald’s Trademark Filings Hint at Fast Food Giant"s Intent to Produce Metaverse Restaurants


Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other ... read more.JPMorgan Predicts Long-Term Bitcoin Price of $150K — Outlines Challenges Ahead City of Miami Gets $5.25M Disbursement From Miamicoin as MIA Flounders 88% Lower Than Price High US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India