Report: Amazon is preparing to accept Bitcoin, leading to a cryptocurrency surge -- tokenization also possible

Report: Amazon is preparing to accept Bitcoin, leading to a cryptocurrency surge -- tokenization also possible

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Speculation about the possibility of Amazon starting to accept Bitcoin as a method of payment started to circulate after the company posted a job listing for a Digital Currency and Blockchain Product Lead. This led to a surge in the cryptocurrency, with the trading heading toward $40,000 in an impressive 20 percent jump over the weekend. In addition to the job posting, an insider has been quoted as saying that not only is Amazon working toward accepting Bitcoin by the end of 2021, but it is also considering launching its own token. See also: Kaspersky warns about the potential dangers… [Continue Reading]

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