Sotheby’s will now accept cryptocurrency

Sotheby’s says that it will accept cryptocurrency for Bansky’s “Love is in the Air” artwork in an upcoming auction.

The company announced Tuesday it would accept Bitcoin (BTC) and Ether (ETH) via Coinbase in exchange for the artwork.

“With the growing adoption of digital art and NFTs, along with our increased focus on digital innovation, we’ve seen an increasing appetite among collectors for more seamless payment options when doing business with Sotheby’s,” Stefan Pepe, Sotheby’s chief technology officer, said in a statement. [Read more]

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