Andy Jassy, Amazon CEO, says that Amazon isn’t close to adding cryptocurrency support as a payment option.
Jassy stated that although we are not likely to add crypto as a payment method in our retail business, he believes over time that crypto will grow.
Jassy made the comments on Thursday in a CNBCinterview. However, he did state that he believed it was possible down the road for Amazon to eventually sell NFTs.
Jassy’s cryptocurrency commentary is in response to recent speculations that Amazon may allow customers to pay with cryptocurrency.
Amazon and crypto
The e-commerce giant stated last summer that it was ” Exploring” cryptocurrency payments on the platform.
“We are inspired by the innovation occurring in the cryptocurrency space, and we are exploring what this might look like on Amazon,” said a company statement that was shared with Decrypt at the time.
We believe that the future will be built upon new technologies that allow modern, fast and cheap payments and we hope to bring that future for Amazon customers as soon possible.”
Amazon Web Services, a cloud platform subsidiary of Amazon, also advertised for a Head Of Product to join their Amazon Managed Blockchain. Potential applicants should have experience in decentralized finance (DeFi) and the job posting indicated that they preferred those who had.
Amazon’s Advertising FinTech Team was also looking for a Senior Software Engineering to work on “financial leadger, billing, and reconciliation systems.” However, the URL for this vacancy made explicit reference to blockchain or crypto technology.
Jassy has also a history of blockchain.
After serving as Amazon Web Services CEO and launching the cloud platform’s Amazon Managed Blockchain service, he succeeded Jeff Bezos to become Amazon CEO.