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Amazon
Adapting to a Digital Future: Fast, Fluid and Frictionless Payments
AI Infrastructure Alliance Managing Director Dan Jeffries discusses the necessary steps in crypto’s evolution for it to become a mainstream form of payment. Jeffries explains how the Web 2 business models of Spotify and Amazon provide utility to their customers, while highlighting the role of digital assets in a “surveillance economy.”
Amazon Isn’t Interested in Crypto Payments, Exploring NFTs Instead
Amazon CEO Andy Jassy recently stated that the e-commerce giant does not have plans for cryptocurrency payment integration but is considering adding non-fungible tokens (NFTs) to its retail business. “The Hash” panel discusses the vitality of crypto for everyday payments, considering transactions fees and price fluctuations while noting the possible use cases for stablecoins.
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.
Amazon Marketplace Owners Can Now Be Bought Out in Crypto
Amazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto in partnership with Coinbase Prime. “The Hash” team discusses what this means for Amazon following the industry’s first institutional mergers and acquisitions (M&A) rollup offering bitcoin as a payout option.
Amazon Marketplace Owners Can Now Be Bought Out in Crypto
Elevate Brands is teaming up with Coinbase to offer the option.
Decentralized Cloud Service Aleph.im Raises $10M
The date storage and computer processing provider is aiming to compete with Amazon's services.
Justin Sun Reveals He Was Secret $28M Bidder for Seat on Bezos’ Spaceship
The Tron founder is planning to nominate and pay for five crew members to accompany him on his short trip to space next year.
Amazon to Stop Accepting Visa Credit Cards Issued in UK Due to High Fees
Amazon has pulled support for Visa credit cards in the United Kingdom, citing high fees. "The Hash" team discusses the move and its implications for payment networks in the crypto industry. "I'm glad that more merchants are realizing how high the fees are with these credit cards," host Naomi Brockwell said. "Crypto can provide a much better alternative."
Amazon Web Services Looks to Drive Crypto Settlement and Custody to the Cloud
The right candidate will transform the way firms transact in crypto, stablecoins, CBDCs and NFTs, said an AWS job post.
Bitcoin Retreats After Touching $40K as Amazon Denies Rumors Over Bitcoin Adoption
On the heels of Amazon denying plans to accept bitcoin payments by the end of the year, BTC is in pullback mode after approaching $40K Monday. Michael McGuire, CEO of digital asset exchange Symbridge, discusses what to make of the apparent upswing and volatility. Plus, how SEC Chair Gary Gensler's response to Sen. Elizabeth Warren's letter due Wednesday might have a dampening effect on the crypto markets.