Amazon is unlikely to introduce cryptocurrencies as a payment option, its chief executive has said.
“We’re not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you’ll see crypto become bigger,” Andy Jassy told CNBC in an interview.
The Amazon CEO, who said he is optimistic about cryptocurrencies but doesn’t own bitcoin himself, did say that he could see a possibility for the company to sell NFTs.
“I think it’s possible down the road on the platform,” he said to the news organisation.
According to CNBC, Amazon has shown interest in cryptocurrency in the past. Last year, it reported, the e-commerce giant was exploring adding a digital currency and blockchain expert to its payments team.
Latest News
-
Discord data breach exposes thousands of age-verification ID photos
-
Klarna partners with Google Cloud to supercharge AI capabilities
-
ASA conducts large scale AI trial to monitor alcohol ads
-
Rishi Sunak joins Microsoft and Anthropic as senior advisor
-
Google and Yapily join forces on account verification for businesses
-
SoftBank to buy ABB’s robotics business for $5.3bn
The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.
The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories