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Amazon To Accept Crypto: Important Things You Need To Know

Published by Aeon Flux on July 27, 2021
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Amazon to accept crypto soon. Amazon may soon allow its customers to make payments in digital currencies like Bitcoin, as the e-commerce giant is recruiting a blockchain and cryptocurrency product lead for its payment sector.As per the latest Amazon cryptocurrency announcement, Amazon’s “Payment Acceptance and Experience” team is“Seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap.”Earlier, Amazon avoided cryptocurrency for its volatile nature. Yet, the company is now set to change its notion, and Amazon to accept crypto soon. In this article, we will discuss some Amazon cryptocurrency 2021 news.The e-commerce giant set tongues wagging over the weekend after publishing a job requirement for a blockchain and cryptocurrency lead. The job advertisement is a clear signal that Amazon to accept crypto soon. The advertisement calls for someone who can,“Leverage domain expertise in blockchain, distributed ledger, central bank digital currencies, and cryptocurrency”.It further adds that it wishes to formulate,“The case for the capabilities which should be developed, drive the overall vision and product strategy, and gain leadership buy-in and investment for new capabilities.”It does not require a genius to understand why Amazon is planning for this recruitment, but according to various sources, that plan is way broader than just planning to bring someone to look for the possibilities.According to a source,“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.”The product lead will operate closely with teams across Amazon, which will include AWS to formulate the roadmap for better customer experience, capabilities, technical strategies, and also launch strategy. There is no Amazon Bitcoin payment or any other digital currency payment as of now. According to a company’s spokesperson,“Inspired…

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