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Airbnb to Support Crypto, but Focuses on Housing for 100,000 Ukrainian Refugees

Airbnb has confirmed that it will support cryptocurrency. Airbnb has offered housing to up to 100,000 refugees from Ukraine. 

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Airbnb to Support Crypto, but Focuses on Housing for 100,000 Ukrainian Refugees

According to the European Union approximately four million people could leave Ukraine due to the Russian invasion.

Airbnb CEO Talks Cryptocurrency, Refugee Crisis in Ukraine

Brian Chesky, CEO of Airbnb, spoke about cryptocurrency and the company's efforts in helping Ukrainian refugees in a Tuesday interview with CNBC. According to Airbnb's website, there are approximately 6 million active listings in the world, and more than 4,000,000 hosts. There are more than 100,000 active listings for Airbnb in cities and towns.

Chesky was asked whether Airbnb supports cryptocurrency after some people in Ukraine tried to use crypto to pay for their bills following Russia's invasion. He responded:

Airbnb is. I'm personally in favor of crypto. It's an interesting technology, I think.

He said: "I went to Twitter at the beginning of this year and I requested a Twitter community if Airbnb could launch anything in 2022. What would it be?" "I have a team that is looking into adding crypto payments to my list of priorities.

The CEO clarified that there is no announcement yet for Airbnb regarding crypto payments.

We are looking into it and will be responding to the crisis.

Chesky noted that it is unlikely that any crypto-related projects will be completed "that quickly." He said that the main focus of his team is now on providing housing for refugees. This is what I have mobilized a team for.

Airbnb has been considering cryptocurrency for a while. The firm listed cryptocurrencies and blockchain in its prospectus, which it filed with the U.S Securities and Exchange Commission (SEC), last November.

Airbnb announced Monday that it will provide temporary housing free of charge to up to 100,000 Ukrainian refugees. According to the UN, over 600,000.00 civilians fled Ukraine since the Russian invasion. According to the European Union, up to 4 million people could be forced to flee Ukraine by the Russian invasion.

The CEO of Airbnb explained that he had reached out to the governments of Poland, Germany, Hungary, Romania and other countries to offer assistance.

"We have been reaching out to our host families. He shared that they have secured funding so they are ready to accommodate up to 100,000 refugees. "Frankly, as many refugees can we house as we host."

Support Ukrainian families, children and refugees by donating BTC and ETH to Binance Charity's Ukraine Emergency Relief Fund


 

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