Bitcoin Bullish Catalyst: Amazon To Integrate BTC Payments And Launch Its Own Token

There’s massive news involving Amazon and crypto these days which is definitely fueling the price of Bitcoin.

A few days ago, we were revealing that Amazon is looking for a Digital Currency and Blockchain Product Lead as the firm goes on with plans to bring its payments systems into the crypto age.

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon,” a company spokesperson told CoinDesk.

The same person continued and said: “We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”

Much-awaited confirmation comes in

Now, it’s been reported that the rumours that Amazon might be entering Bitcoin and crypto payments are strengthening.

According to the news website City A.M., an “insider” has confirmed that Amazon is “definitely” looking to launch Bitcoin and crypto payments by the end of 2021/

More than that, as Bitcoinist revealed, the e-commerce giant could launch its own token by 2022.

The insider told the news website that Amazon has a plan that goes beyond their Digital Currency and Blockchain Product Lead job. The source said the following:

“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 insider continued and said: “It begins with Bitcoin – this is the key first stage of this crypto project, and the directive is coming from the very top…”

Check out the complete original article in order to learn more news about the issue.

Bitcoin’s price is definitely reflecting the bullish news and at the moment of writing this article BTC is trading in the green and the king coin is priced at $37,903.02.

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