Amazon eyes cryptocurrency but not poised for Bitcoin

An Amazon spokesperson said information in the City AM story was ‘fabricated’, but that the company does have its eyes on the cryptocurrency sector. — AP

NEW YORK: Amazon on July 26 denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, but acknowledged an interest in cryptocurrency.

City AM cited as unnamed insider as saying Amazon would start taking cryptocurrency, citing a recent job posting by the company for someone with digital currency and blockchain skills.