Besides, BitBoy Crypto also noted that Amazon’s new CEO Andy Jesse is very pro-crypto.
The “very top” source mentioned the directive is directly from chairman Jeff Bezos. It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top… This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future – this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work. If so, Amazon will be second after Tesla among the top ten companies to accept Bitcoin.Īn insider working with Amazon told the City AM publication that amazon will ‘definitely’ launch BTC and crypto payments by the end of 2021. Well, there’s something more to it than meets the eye! Apart from just hiring a new executive, the e-commerce giant is also looking to integrate Bitcoin payments. You will leverage your domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities. The person in charge will be responsible for creating a strategy and product roadmap. Last Friday, Amazon posted a job offer stating that it’s looking for a Product Lead for its Blockchain and Crypto division. Thus, with Amazon mulling to accept crypto payments, AMP can be its potential partner. Citing sources from inside Amazon, BitBoy said that there are strong rumors of the e-commerce giant working with two crypto projects AMP and Algorand.ĪMP is basically a digital collateral token that offers instant, verifiable assurances for any kind of value transfer. Popular YouTube channel BitBoy Crypto, with over 1.1 million subscribers, has also spoken about it. At press time, AMP is trading 4 percent up to a price of $0.07 with a market cap of $2.9 billion. There’s no official word from Amazon yet, but the news that the e-commerce giant is making moves to enter the crypto space is doing rounds. Amazon is likely to integrate Bitcoin and altcoin payments by the end of 2021.ĭigital collateral token AMP has shot up 50 percent today on the rumors that it, along with Algorand, is working with Amazon on its crypto project.Amazon can leverage AMP’s instant, verifiable assurances to validate quick value transfer.
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