Amazon, the e-commerce behemoth, has denied a media claim that the business may accept Bitcoin payments before the end of the year.
According to a Reuters article published Tuesday, an Amazon representative addressed rumors in the media, claiming that there is no particular intention to employ digital assets for payment at this time, noting that:
“Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true.”
Amazon Inc. hinted on Monday, July 26th, that consumers might soon be able to pay for items using cryptocurrencies, as the eCommerce behemoth is looking to hire a blockchain and digital currency specialist to its payment team.
Following Amazon‘s explanation, the price of Bitcoin has fallen from the $40K threshold. BTC has dropped 1.87 percent in the last 24 hours, according to Coinmarketcap statistics, to $37,195 at the time of writing.