Amazon Denies Rumours But Spokesperson Says The eCommerce Giant Interested In Bitcoin

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After Amazon published a job for a digital currency product head, multiple reports of the global eCommerce giant accepting Bitcoin payments emerged. While Amazon has come out with a statement denying the reports as rumours, a spokesperson has said that Amazon is still interested in cryptocurrencies and digital tokens. 

On Tuesday, Reuters reported citing an Amazon spokesperson that the eCommerce giant has not given up on its pursuit of a digital currency to support payments on the platform. However, the company doesn’t have any specific plans at present. 

Reuters quoted an Amazon spokesperson saying: “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true.”

However, confirming Amazon’s interest the spokesperson asserted: “We remain focused on exploring what this could look like for customers shopping on Amazon.”

The rumours of Amazon accepting Bitcoin payments triggered the price of BTC. However, as the company came out saying they are not immediately planning to accept Bitcoin, the price slumped. 

After briefly touching the $40,000 mark, BTC is once again down and is trading around the $37,000 mark. Experts are predicting BTC to hit the $45,000 mark soon.

Utsav K.
Utsav K.
Utsav is a senior crypto journalist and has been an active member in the community from even before the first major crypto boom back in 2017. In his writings, he focuses on analysing price trends and investigating policies. If you want to understand the practical implications and uses of complex technical protocols, he is your guy.

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