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Amazon Does Not Plan to Integrate Cryptocurrencies Any Time Soon, according to its CEO

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Andy Jassy, who took over as CEO of Amazon after Jeff Bezos, stated that the e-commerce leader “probably isn’t ready to take cryptocurrency.” Nonetheless, he was conciliatory about Amazon’s ability to sell non-fungible tokens (NFTs). A remark that contradicts with the employment postings made on the platform last year.

 

Amazon, the world’s largest retailer, is not yet ready to take cryptocurrency.

This should help to settle the speculation about bitcoin payments on Amazon.

Amazon CEO Andy Jassy stated today on the American financial channel CNBC that the platform was “probably not ready to accept cryptocurrency.” He also stated that he does not personally own any Bitcoin (BTC).

Nonetheless, he stated that cryptocurrencies were doomed to expand further, and that it is probable that, sooner or later, Amazon would begin selling non-fungible tokens (NFTs), recognizing the momentum that they have. benefited:

“You know, I expect NFTs to continue to grow very significantly. »

This declaration stands in stark contrast to past platform announcements. Indeed, Amazon advertised a job for a “digital asset specialist” in November of last year. A similar job posting for a “digital currency product manager” had arisen a few months before.

Worryingly, before to succeeding Jeff Bezos as CEO of the world-renowned company, Andy Jassy had established Amazon Managed Blockchain, a method for establishing blockchains using Hyperledger Fabric and Ethereum (ETH ).

This is enough to make you despondent until Amazon releases more cryptocurrency-related news.

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