Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year.
The report from London’s City A.M. newspaper, citing an unnamed “insider,” sent the world’s biggest cryptocurrency up as much as 14.5 per cent before it trimmed gains to last trade six per cent higher at $37,684.04. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true,” said a spokesperson from Amazon. Read more: Bitcoin price jumps amid rumours Amazon might accept crypto payments “We remain focused on exploring what this could look like for customers shopping on Amazon.” The company on July 22 posted a job opening for a