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ETA CEO Hints at Coming Wave of Bitcoin-Payments Partnerships

ETA CEO Hints at Coming Wave of Bitcoin-Payments Partnerships

A shift in tone from the payments lobby

Oxman's comments mark a notable departure from the industry's usual skepticism. The ETA represents the biggest names in electronic payments — companies that have long viewed Bitcoin as a fringe asset or a competitor. Now, Oxman suggests that view is changing. He indicated that ETA members are starting to see Bitcoin's disruptive potential, a shift that could open the door to more partnerships between traditional electronic payment providers and Bitcoin startups.

For years, the payments industry kept Bitcoin at arm's length. Regulatory uncertainty, volatility, and a lack of infrastructure made it difficult to integrate. But as Bitcoin matures and consumer demand grows, the