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InstaForex

July 26, 2021

Right To Amazon Will Accept Bitcoin Later This Year?

 The giant firm, Amazon is ready to accept payments in cryptocurrencies.


Based on resource sharing, Amazon will accept payments in Bitcoin (BTC) in advance by the end of 2021 at the latest.


In fact, it is said that the firm has been strategizing in cryptocurrencies since 2019 and is just waiting for the time to fully launch.


After Bitcoin, other cryptocurrencies will also be included such as Ethereum (ETH) and Cardano (ADA).



Not only that, Amazon is also rumored to be launching its own cryptocurrency, as early as 2022.


Rumors linking Amazon and the crypto sector have recently come to attention starting in early March this year when it announced the availability of Ethereum on the Amazon Managed Blockchain (AMB).


Not only that, the firm also offers the position of head of digital currency and blockchain products and some expect to follow in the footsteps of Tesla which has accepted payments in Bitcoin before abruptly postponing the acceptance of the crypto king following environmental issues.


It is not clear how authentic this news is as there is still no official announcement from the firm. In any case, it is still a development that attracts the attention of crypto investors, as well as the positive development of the sector.