• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Amazon will not accept crypto payments, but it can promote NFTs

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Amazon CEO Andy Jassy confirmed that his retail group will not accept cryptocurrency payments in the close to long term.

Amazon will not accept crypto payments, but it can promote NFTs

Amazon says “no” to cryptocurrencies, “yes” to NFT

Interview with the tv channel CNBC of the United States on April 14, CEO Amazon Andy Jassy mentioned his enterprise now has no ideas to accept cryptocurrency payments. He mentioned:

Related articles

What is an exchange-traded fund?  Crypto ETFs and impacts on the cryptocurrency market

What is an exchange-traded fund? Crypto ETFs and impacts on the cryptocurrency industry

November 23, 2023
Crypto and Blockchain can replace most current technologies and practical needs

Crypto and Blockchain can exchange most existing technologies and sensible desires

November 17, 2023

“We do not intend to accept cryptocurrencies as a retail payment technique, but I think cryptocurrency will only strengthen in excess of time. I predict that the acceptance of NFT will flourish even additional. “

“I expect it #NFT it will continue to grow very significantly. We are probably not close to adding #crpyto as a payment mechanism in our retail business. But I believe that over time you will see cryptocurrencies become and it is possible… it is possible along the way, ”he says $ AMZN CEO @ajassy. pic.twitter.com/6q6HVolzgU

– Squawk Box (@SquawkCNBC) April 14, 2022

When the reporter from CNBC Asked whether or not Amazon would be ready to promote NFTs in the long term, Jassy replied, “It’s absolutely possible.” If that occurs, Amazon will turn out to be the 2nd U.S. on the internet retail platform to help NFT purchasing, right after eBay.

However, the CEO denied personally holding NFT or investing in cryptocurrencies, together with Bitcoin.

The romantic relationship involving cryptocurrencies and US tech businesses

Major tech businesses in the US are taking various approaches to cryptocurrency. In November 2021, CEO Apple Tim Cook exposed that he personally invested in Bitcoin and Ethereum, but Apple has no ideas to tackle cryptocurrencies. Microsoft At the finish of final yr, it also purchased common game enterprise Activision Blizzard for a whopping $ 68.seven billion and turned to metaverse advancement. Both Microsoft CEOs Satya Nadella and Apple’s Tim Cook subsequently launched noteworthy statements about the possible of the metaverse.

In the meantime, it is really worth mentioning the names that are additional proactive in accepting cryptocurrencies Tesla and CEO Elon Musk. While Tesla invests up to $ one.five billion in Bitcoin, accepts BTC payments (then reverses the selection) in 2021, and accepts Dogecoin (DOGE) payments in early 2022, billionaire Elon Musk is back. he is an energetic participant in the cryptocurrency neighborhood on social media and immediately holds BTC, ETH and DOGE for “inflation protection”.

Social network Facebook billionaire Mark Zuckerberg even transformed his title to Meta to reflect the orientation of the metaverse development. Zuckerberg confirmed that Facebook and Instagram are operating on a function that makes it possible for end users to set NFT as avatars, and the company’s metaverse application, Horizon Worlds, not long ago started testing by permitting gamers to produce, obtain and promote merchandise. planet, even at “exorbitant” prices. Meta is also mentioned to release its token and connected companies right after brand safety in these places.

Facebook’s competitor is Twitter on top of that, permitting end users to integrate Bitcoin and Ethereum wallet addresses into their profiles to get cryptocurrency payments, as properly as supporting the perform to set NFT as an avatar. On April 15, billionaire Elon Musk presented to obtain all of Twitter for $ 43 billion, vowing to convert Twitter into a personal enterprise to “unleash the great potential” of the social network. It is about freedom of speech. Mr. Musk also “hid” about integrating Dogecoin into Twitter in his method to reform the social network.

While, Google it only stops generating statements about accepting cryptocurrencies. In February 2022, CEO Sundar Pichai confirmed that Web3 would turn out to be one particular of the company’s advancement focuses in the close to long term. A subsidiary of Google is a video social network Youtube mentioned he is ready to accept NFT to carry additional rewards to content material creators.

Platform for viewing motion pictures on the internet Netflix There has not been any publicity to the crypto area nonetheless, but the documentary was not long ago previewed “Trust No One: The Hunt for the King of CryptocurrenciesOn Canadian exchange QuadrigaCX and the mysterious death of its CEO, Gerald Cotten, resulting in the reduction of $ 190 million in cryptocurrency.

Synthetic currency 68

Maybe you are interested:

Maybe you are interested:

Tags: AcceptAmazonCryptoNFTsPaymentssellWont
Share76Tweet48

Related Posts

ECB Cuts Interest Rates; Bitcoin Prices Surge

by shark
June 6, 2025
0

The European Central Bank's decision to reduce interest rates to 2% on June 5, 2025, positively impacts cryptocurrency markets, causing...

UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy

by shark
June 6, 2025
0

Bluebird Mining Ventures shifts from gold revenue to Bitcoin treasury, impacting market dynamics.

Trump Advisor Meets El Salvador President Over Bitcoin Strategy

by shark
June 6, 2025
0

Trump's advisor Bo Hines meets El Salvador's Nayib Bukele to discuss Bitcoin policy impacts.

Bitcoin’s Quiet 2025 Could Signal Major Crypto Shift

by shark
June 6, 2025
0

Bitcoin experiences calm trading in 2025, analysts foresee pivotal crypto changes ahead.

California Assembly Advances Bill on Dormant Crypto Assets

by shark
June 5, 2025
0

California's State Assembly approves AB-1052, designating long-inactive crypto assets as unclaimed property.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Qubetics Gains Traction as HYPE and Tron Respond to Market Shifts: The Next Best Crypto to Buy in 2025
  • ECB Cuts Interest Rates; Bitcoin Prices Surge
  • BlockDAG Hits $287M, AVAX Eyes $300 & BCH Climbs,
  • HYPE Holds Support, PEPE Sentiment Surges; Unstaked Eyes $1 Milestone!
  • BlockDAG, SHIB, Stellar, and TRON: June’s Top Bullish Crypto Picks
  • UK Gold Miner Bluebird Ventures Embraces Bitcoin Treasury Strategy
  • Trump Advisor Meets El Salvador President Over Bitcoin Strategy
  • Qubetics, Solana, Stellar: Massive Updates and $900M Moves Set Stage for Next Bull Run Crypto
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7