amazon Archives - Crypto Insider https://cryptoinsider.asia/post_tag/amazon/ Crypto and Blockchain News Thu, 14 Apr 2022 13:54:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://cryptoinsider.asia/wp-content/uploads/2021/11/cryptocurrency-icon.png amazon Archives - Crypto Insider https://cryptoinsider.asia/post_tag/amazon/ 32 32 199368904 Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business https://cryptoinsider.asia/amazon-ceo-were-likely-not-close-to-adding-crypto-as-payment-in-retail-business/ Thu, 14 Apr 2022 13:54:50 +0000 https://cryptoinsider.asia/amazon-ceo-were-likely-not-close-to-adding-crypto-as-payment-in-retail-business @ Crypto Insider

Andy Jassy did say it was possible, however, that Amazon would sell NFTs in the…

The post Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business appeared first on Crypto Insider.

]]>
@ Crypto Insider

Andy Jassy did say it was possible, however, that Amazon would sell NFTs in the future.

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.

The post Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business appeared first on Crypto Insider.

]]>
3106