Amazon unlikely to accept crypto soon
This should calm speculation about cryptocurrency payments on Amazon a bit. Today, on the American finance channel CNBC, Amazon CEO Andy Jassy said that the platform was “probably not ready to accept cryptocurrencies”. He also clarified that he does not own any Bitcoin (BTC) personally.
However, he added that cryptocurrencies were destined to continue to grow and that Amazon could start selling non-fungible tokens (NFTs) in the future. “You know, I expect NFTs to continue to grow very significantly. He said
This is an announcement that contrasts with the platform’s previous releases. Indeed, last November, Amazon posted a job posting mentioning the position of “digital asset specialist”. A few months earlier, a similar offer had appeared for a “digital currency product manager”.
Even more troubling, before succeeding Jeff Bezos as CEO of the world-renowned firm, Andy Jassy had himself set up Amazon Managed Blockchain, a solution for creating blockchains via Hyperledger Fabric and Ethereum (ETH). It remains to be seen whether Amazon could change its policy towards crypto in the coming months.