CEO of Amazon Andy Jassy, who has taken charge of the company only recently, has hinted while giving an interview to CNBC that Amazon may soon begin trading in cryptocurrencies and NFTs. However, he clarified that it may take some time before NFTs and cryptocurrency payments become active on the Amazon retail platform.
There are speculations that activation of blockchain will be conducted through a massive job availability for those individuals who have involvement in work in the blockchain business field. Thus, it looks like Amazon is going to operate this project as a web3 related project.
Although Amazon is one of the giants among online retailer websites, it is still struggling behind companies like Stripe and Shopify, which are already in the crypto business. However, there are still some negative observations about those unsuccessful transactions which are not in accordance with the KYC procedure.
Jasia Junaid is a professional and experienced content writer working with NFT News. She is also working at other International companies. Jasia has remained a former article writer at Saakin real estate, foodytechy and scholarly net. With a great command over several niches, Jasia took a dive into the world of NFTs and proudly takes part in bringing up the latest authentic news on cryptocurrency, metaverse, and blockchain alot more at NFT News. In her spare time, she tries to read and organize more information related to on-going crypto trends around the world, do light blogging and surf the internet around.
