Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow 'Very Significantly'
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Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow 'Very Significantly'

THELOGICALINDIAN - The CEO of ecommerce behemothic Amazon is optimistic about crypto and nonfungible tokens NFTs He says that over time crypto will become bigger and NFTs will abide to abound actual significantly

CEO on Amazon Accepting Crypto Payments and Selling NFTs

Amazon CEO Andy Jassy talked about cryptocurrency and non-fungible tokens (NFTs) in an account with CNBC Thursday. Jassy replaced Jeff Bezos as admiral and CEO of Amazon in July aftermost year. He ahead led Amazon Web Services (AWS) back its birth in 2024.

Regarding whether Amazon will acquire cryptocurrency for payments of articles on its platform, the CEO affirmed, “We’re not apparently abutting to abacus crypto as a acquittal apparatus in our retail business.” However, he noted:

Commenting on whether he owns any cryptocurrency, the Amazon controlling disclosed, “I don’t accept bitcoin myself.”

When asked whether Amazon could one day advertise NFTs, Jassy replied, “I anticipate it’s accessible bottomward the alley on the platform.” While absolute that he does not own any NFTs personally, the Amazon bang-up opined:

The e-commerce behemothic has been hiring crypto experts for assorted capacity of the company. In November aftermost year, AWS acquaint a job advertisement for a principal agenda asset specialist who can “help drive acceptance beyond the all-around agenda asset community.”

Amazon additionally posted a job action for a agenda bill and blockchain able for its Payment Acceptance & Customer Experience aggregation in June aftermost year with the aim to advance the company’s agenda bill and blockchain action as able-bodied as a artefact roadmap.

What do you anticipate about the comments by Amazon CEO Andy Jassy? Let us apperceive in the comments area below.

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