The company said it was “inspired by the innovation happening in the cryptocurrency space”The price of bitcoin rose sharply yesterday after speculation that Amazon, the world’s biggest online retailer, will start accepting cryptocurrency for payments. Bitcoin was up 12 per cent at $39,766 in evening trading, clawing back some of its losses in recent weeks. SponsoredThe spike came after it emerged that Amazon had posted a job advert looking for someone to “develop Amazon’s digital currency and Blockchain strategy and product roadmap”. The posting fuelled speculation that the $1.8 trillion company will soon allow shoppers to use the digital currency. An Amazon spokesman said: “We’re inspired by the innovation happening in the

Source: The Times July 26, 2021 23:01 UTC