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AMAZON NOT ADDING CRYPTO AS PAYMENT OPTION IN NEAR FUTURE

AMAZON NOT ADDING CRYPTO AS PAYMENT OPTION IN NEAR FUTURE

He also said it would be possible to sell non-fungible tokens (NFTs) in its e-commerce area and expect the NFTs to continue to grow "significantly."


NFT, a type of digital asset that exists in the blockchain, grew in popularity by 2021, with NFT works of art being sold for millions of dollars.


Jassy said cryptocurrencies will grow over time, but added that he is not the owner of bitcoin.


A growing number of companies have begun to accept virtual currency for payment, bringing the class of assets avoided by major financial institutions until a few years ago closer to conventional ones.


Last year, eBay Inc approved the sale of NFTs digital collection such as trading cards, photos or video clips in its place, the first e-commerce company to enter the turmoil surrounding NFT.


EBay also said it was open to adopting cryptocurrency as a payment method in the future.



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