Wednesday, June 19, 2024
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Airbnb comes in full support of Crypto, provides housing for 100,000 Ukrainian refugees

Airbnb considers adding cryptocurrency support. In addition, the firm has volunteered to house up to 100,000 Ukrainian refugees. Airbnb CEO Brian Chesky discussed bitcoin and his company’s efforts to assist Ukrainian migrants. Airbnb has around 6 million active 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.

Airbnb has been considering cryptocurrency for a long time. The corporation identified blockchain and cryptocurrency as among the technologies it is evaluating in its prospectus filed with the US Securities and Exchange Commission (SEC) in November last year.

Airbnb said on Monday that it will provide free temporary lodging to up to 100,000 Ukrainian refugees. According to the UN, more than 600,000 citizens have fled Ukraine since the Russian incursion began. According to the European Union, up to four million people may attempt to flee Ukraine as a result of Russia’s invasion.

What do you think of Airbnb’s support for Ukrainian refugees? Comment below.

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.


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