Amazon CEO says not including cryptocurrency as fee choice anytime quickly
Amazon.com Inc Chief Government Officer Andy Jassy stated the e-commerce big isn’t near including cryptocurrency as a fee choice to its retail enterprise, in an interview with CNBC on Thursday.
However, he additionally stated it may be doable to promote non-fungible tokens (NFTs) on its e-commerce platform and expects NFTs to proceed to develop “considerably.”
NFTs, a kind of digital asset that exist on a blockchain, have exploded in recognition in 2021, with NFT artworks promoting for thousands and thousands of {dollars}.
Jassy stated cryptocurrencies will grow to be greater in the long term, however added he himself doesn’t personal any bitcoin.
A rising variety of firms have began to simply accept digital currencies for fee, bringing an asset class shunned by main monetary establishments till a number of years in the past nearer to the mainstream.
Final 12 months, eBay Inc allowed the sale of NFTs for digital collectibles like buying and selling playing cards, photos or video clips on its platform, the primary e-commerce firm to faucet into the frenzy round NFTs.
EBay had additionally stated it was open to the potential of accepting cryptocurrency as a type of fee sooner or later.
