Amazon on Monday denied a media report that said the e-commerce giant wants to accept bitcoin payments by the end of the year. The report, citing an unnamed “insider,” pegged the world’s largest cryptocurrency up by 14.5 percent, before rising 6% to $37,684.04 in the previous trade. “Despite our interest in space, the speculation that has happened around our specific plans is not true for cryptocurrencies,” said an Amazon spokesperson.
“We’re focused on figuring out what this might look like for customers who shop on Amazon.” The company announced a job opening on July 22 for a Digital Currency and Blockchain Product Lead.
A large number of companies have begun to accept virtual currencies for payment, leaving an asset class close to the mainstream until a few years ago by major financial institutions. Last week, Tesla CEO Elon Musk said the electric-car maker is most likely to accept bitcoin as payment when it does due diligence on the amount of renewable energy used to mine the currency. does. Bitcoin price in India is Rs. 27.4 lakhs on July 27 at 10:30 am IST.
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