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Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business

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Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business

Amazon (AMZN) CEO Andy Jassy said on CNBC Thursday morning that the e-commerce and cloud giant is likely not close to adding cryptocurrency as a payment mechanism for its retail business, but it’s possible it would sell NFTs at some point in the future.

  • Jassy also predicted that cryptocurrencies would continue to become bigger over time, but noted that he doesn’t own any bitcoin personally.
  • On Thursday, Jassy released his first annual shareholder letter since taking over as CEO from Amazon founder Jeff Bezos last year. The letter makes no mention of bitcoin, cryptocurrency or NFTs.
  • Last July, bitcoin prices rallied on a report that Amazon wound up denying that said it was planning to accept payments in bitcoin by the end of 2021.

This is a developing story and will be updated.


Source: ethereum.today

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