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Amazon: No, We Have No Plans to Accept Bitcoin Payments

Amazon has come out and flatly denied a British newspaper’s report that the e-commerce colossus was planning to just accept bitcoin funds by the top of the yr.

“However our curiosity within the house, the hypothesis that has ensued round our particular plans for cryptocurrencies is just not true,” a spokesperson for Amazon informed CoinDesk by electronic mail Monday. “We stay targeted on exploring what this might appear like for patrons purchasing on Amazon.”

The report earlier Monday by Metropolis A.M., which is distributed at no cost on the London Underground, cited a single, unnamed “insider.” Nonetheless, many cited it as one purpose for the bitcoin value’s rebound after dipping beneath $30,000 final week.

Because the spokesperson’s remark suggests, Amazon is testing the waters, even when the studies of the corporate diving in have been overstated.

Final week the corporate stated it was searching for to rent a “digital forex and blockchain product lead.”

UPDATE (July 26, 23:00 UTC): Provides hyperlinks to first and third paragraphs, background on Amazon recruitment at finish.

UPDATE (July 26, 23:30 UTC): Provides hyperlink in fourth paragraph.

Source: CoinDesk


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