As of 2015, eBay and PayPal the two companies will become separate as publicly traded entities.
This includes a corporate restructuring as both eBay and PayPal need to establish separate leadership.
However, this doesn’t mean a total separation between the two companies Current eBay inc. CEO John Donahoe expressed confidence “following a thorough assessment of the relationships between eBay and PayPal that operating agreements can maintain synergies going forward.”
How Does This Affect Bitcoin?
PayPal announced just last week that it was taking its first tangible steps into the Bitcoin world with partnerships with BitPay, Coinbase, and GoCoin.
This decision likely has little to do with PayPal’s decision to embrace Bitcoin, though. The corporate climate at both companies seems to be favourable to Bitcoin, with both Donahoe and PayPal co-founder Peter Thiel speaking positively about Bitcoin.
If anything, having the two companies operate as separate entities could help facilitate Bitcoin adoption sooner, as their smaller size will allow them to be more agile.
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EBay and PayPal Are Getting A Divorce
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