Spotify Considering Accepting Bitcoin

Spotify, the world’s biggest audio streaming subscription service with 320 million users, is looking for an Associate Director to join their Payments Strategy & Innovation team.

The new candidate “will drive further consideration of new opportunities and innovation in the emerging ecosystem of distributed ledger technology, blockchains, cryptocurrencies, stablecoins, Central Bank Digital Currencies (CBDCs) and other digital assets.”

They further say he or she needs “extensive experience in developing strategies and solution in blockchain/digital assets and an appetite to drive participation at a global scale.”

In addition they will “lead Spotify’s day-to-day engagement with the Libra Association.”

All hinting the music streaming giant may well be offering the option to pay for their freemium model with bitcoin and other cryptocurrencies.

That follows PayPal’s integration of cryptos which will be available to their 26 million merchants next year.