Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Amazon.Com Denies Rumors About Accepting Bitcoin Payments

Published 07/27/2021, 03:29 AM
Updated 07/27/2021, 03:30 AM
© Reuters.  Amazon.Com Denies Rumors About Accepting Bitcoin Payments

  • Amazon.com denies rumors about accepting bitcoin payments by the end of the year.
  • However, the company is still interested in the cryptocurrency space.

Amazon.com Inc (NASDAQ:AMZN) denies rumors about accepting bitcoin payments by the end of the year.

According to the e-commerce giant, it won’t accept crypto payments by the end of 2021. However, it still shows interest in blockchain technology and the crypto space.

On Monday, Amazon.com’s insider took to the media to reject the rumors, saying Amazon has no specific plans to onboard digital assets for payments yet.

The spokesperson from Amazon said,

Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true. We remain focused on exploring what this could look like for customers shopping on Amazon.

In addition, the rumors come after Amazon published a

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.