In an interview with CNBC on Thursday, CEO of Amazon Andy Jassy shared his thoughts about cryptocurrency and non-fungible tokens (NFTs). Jeff Bezos has been replaced by Jassy as the president and CEO of Amazon in July 2021. The Amazon CEO was the former head of Amazon Web Services (AWS) since it was established in 2003.
Read CRYPTONEWSLAND onWith regards to whether Amazon will accept cryptocurrency to purchase products on its platform, the CEO mentioned that they’re probably not “close to adding crypto as a payment mechanism in our retail business.” Nevertheless, Jassy emphasized:
“I do believe over time that you’ll see crypto become bigger.”
At the question on whether Amazon could potentially sell NFTs one day, Jassy answered, “I think it’s possible down the road on the platform.”
Although Jassy disclosed that he does not own any NFTs personally, he remarked:
“I expect that NFTs will continue to grow very significantly.”
Amazon has been hiring crypto professionals for several divisions in the company. In February 2021, Amazon posted a job as a Software Development Manager for the Digital and Emerging Payments division.
November 2021, AWS was looking for a principal digital asset specialist. Amazon also posted a job for a digital currency and blockchain product lead last year for its Payment Acceptance & Experience Team. These experts will help Amazon develop the company’s digital currency. Amazon will also grow its blockchain exploration and product roadmap. In addition, the role will help Amazon drive adoption across the global digital asset community.
Shiba Inu's ShibaSwap migrates to the Shibarium network, improving efficiency and reducing gas fees. #ShibaSwap…
Casal Di Basso CS, Italy, April 29th, 2024, ChainwireDarklume VR, a trailblazer in the VR…
The spotlight is on three promising altcoins that experts predict will outshine the rest. #Altcoins…
Understanding how to navigate the evolving cryptocurrency market can unlock the potential for significant rewards.…
The potential for BlastUP during the ongoing bull run is significantly higher, indicating it could…
Ripple's David Schwartz and Cardano's Charles Hoskinson engage in a heated debate on XRP regulation…