{"id":9210,"date":"2021-07-27T08:56:32","date_gmt":"2021-07-27T12:56:32","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=9210"},"modified":"2021-07-28T08:56:00","modified_gmt":"2021-07-28T12:56:00","slug":"amazon-denies-rumors-of-accepting-bitcoin-as-payment","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/amazon-denies-rumors-of-accepting-bitcoin-as-payment\/","title":{"rendered":"Amazon Denies Rumors Of Accepting Bitcoin As Payment"},"content":{"rendered":"\n<p>Amazon has denied a media report which said that the company wants to accept bitcoin payments by the end of 2021.<\/p>\n\n\n\n<p>The report, citing an unnamed &#8220;insider,&#8221; sent the world&#8217;s largest cryptocurrency up as much as 14.5% before offsetting its gains and last trading 6% higher at $37,684.04.<\/p>\n\n\n\n<p>A spokesperson for Amazon denied the reports while saying this could be something the company explores.<\/p>\n\n\n\n<p>The company announced a job advertisement for a digital currency and blockchain product on July 22.<\/p>\n\n\n\n<p>More and more companies have begun to accept cryptocurrencies as means of payment, bringing an asset class that until a few years ago was shunned by leading financial institutions closer to the mainstream.<\/p>\n\n\n\n<p>Last week, Tesla CEO Elon Musk said the electric carmaker will most likely accept bitcoin as a currency again after conducting due diligence on the amount of renewable energy used to mine the currency.<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/article\/us-amazon-cryptocurrency\/amazon-denies-report-of-accepting-bitcoin-as-payment-idUSKBN2EW2HT\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>Amazon has denied a media report saying the company wants to accept bitcoin payments by the end of 2021.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[212,124],"class_list":["post-9210","post","type-post","status-publish","format-standard","hentry","category-todays-news","tag-amazon","tag-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=9210"}],"version-history":[{"count":4,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9210\/revisions"}],"predecessor-version":[{"id":9248,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/9210\/revisions\/9248"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=9210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=9210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=9210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}