Amazon may accept Bitcoin payments this year! Bitcoin surged by $3,000 in the short term, once approaching $40,000

On July 26, Amazon may accept Bitcoin payments this year. Bitcoin rose sharply by $3,000 in the short term, once approaching $40,000 per coin, and rose nearly 12% on the day.

Amazon plans to accept Bitcoin (BTC) payments by the end of 2021, an anonymous source within Amazon told London business newspaper City AM. “This is not just a move to build a cryptocurrency payment solution at some point in the future — this is a full, well-discussed, integral part of how Amazon will operate in the future,” the anonymous source said.

She said that while Bitcoin is the first step in Amazon’s cryptocurrency ambitions, the company’s executives are keen to add other established cryptocurrencies in the future. “The directive came from the top,” referring to Jeff Bezos, adding that “the whole project is almost ready.” In addition to accepting Bitcoin payments, Amazon is also said to be exploring the creation of its own cryptocurrency, which could come as early as 2022.

Earlier news, Amazon was recruiting a digital currency and blockchain product manager to help develop Amazon's digital currency strategy and product roadmap.