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Amazon Readying to Accept Bitcoin, Ethereum, Cardano, and Bitcoin Cash, According to Insider

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Sun, 25/07/2021 - 18:07
Amazon Readying to Accept Bitcoin, Ethereum, Cardano, and Bitcoin Cash, According to Insider
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After Amazon published a new job listing for a cryptocurrency and blockchain expert on Friday, some new details about its alleged cryptocurrency plans have emerged.

An anonymous source told British business newspaper City A.M. that the e-commerce giant is set to start accepting Bitcoin payments as early as this year. If true, such a development could potentially turbocharge cryptocurrency adoption.  

She claims that Amazon has already been working on its cryptocurrency project for years, meaning that it’s done kicking the tires:

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This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future — this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work.

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Amazon won’t stop with Bitcoin. After integrating the largest cryptocurrency, it will then add Ethereum, Cardano, and Bitcoin, says the insider:

It won’t take long because the plans are already there, and they have been working on them since 2019.

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The third-largest public company in the U.S. is also gearing up to launch its own cryptocurrency token.

Back in November 2018, Amazon Web Services, a cloud computing subsidiary of the e-commerce giant, rolled out two blockchain services just a year after current CEO Andy Jassy said that the Seattle-headquartered behemoth dismissed the importance of the technology.

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