Amazon will NOT Trade in Bitcoin

Amazon will NOT Trade in Bitcoin

Referring to one of Amazon’s new recruitment announcements, many almost took it for granted that the last digital currency or bitcoin transaction facility came to the platform this year. But Amazon the Tech Giant has made its position clear – Amazon will not trade in Bitcoin.

The news was published by London’s trade tabloid ‘City AM‘ quoting an unnamed source. Naturally, the phenomenon affects the price of the world’s largest cryptocurrency. Bitcoin rose 14.5 percent, then fell to six percent in the last quarter. The cost of Bitcoin at this time stood at 36,084 dollars 04 cents.

Amazon spokesman explained, “We are not taking our interest away from this sector, but the rumors that we have a specific plan for cryptocurrency are not true.”

“We’re looking at how this can be for buyers who are buying from Amazon,” he added.

In a recent recruitment notice, Amazon said to potential candidates, “You will use your domain skills in blockchain, distributed ledger, central bank digital currency and cryptocurrency.”

Simply put, Amazon will work directly with various teams on Amazon, including web services, to create a roadmap for product heads and customer experience, technical strategies, and capabilities.

It is where the speculation begins. Many around the world assume that Tesla, and like Twitter, Amazon is interested in trading in bitcoin or digital currency. Reports about this also publish in many media.

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Amazon will NOT Trade in Bitcoin ~ Video Credit: WION

Source: Reuters: Retail & Consumer

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