Amazon Not Close to Accepting Crypto as Payment in Retail Business, CEO Says

Still, Andy Jassy said the company may sell NFTs in the future.

AccessTimeIconApr 14, 2022 at 1:20 p.m. UTC
Updated May 11, 2023 at 4:05 p.m. UTC
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Amazon (AMZN) CEO Andy Jassy said on CNBC Thursday morning that the e-commerce and cloud-computing giant is likely not close to adding cryptocurrency as a payment mechanism for its retail business, but it’s possible it will sell NFTs (non-fungible tokens) in the future.

  • Jassy also predicted that cryptocurrencies will continue to become bigger over time, but noted that he doesn’t own any bitcoin personally.
  • On Thursday, Jassy released his first annual shareholder letter since taking over as CEO from Amazon founder Jeff Bezos last year. The letter makes no mention of bitcoin, cryptocurrency or NFTs.
  • Last July, bitcoin prices rallied on a report that Amazon wound up denying that said it was planning to accept payments in bitcoin by the end of 2021.

This is a developing story and will be updated.


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Nelson Wang

Nelson Wang was CoinDesk's news editor for the East Coast. He holds BTC and ETH above CoinDesk's disclosure threshold of $1,000.

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