Post
Topic
Board Altcoin Discussion
Re: Amazon is setting up to launch their own digital currency
by
semobo
on 13/02/2021, 13:56:41 UTC
Amazon is now the latest company to be jumping to the cryptocurrency world by creating their own currency so it can be used as payment system in their marketplace.
It's yet to be concluded if amazon is already developing their new currency or they are just in a study face as things is still in secret.

Source https://www.techradar.com/uk/news/amazon-set-to-launch-its-own-bitcoin-rival
If they are planning to launch full-fledged centralized crypto all over the world then surely they will be facing legal issues like what happened with Libra project from facebook because governments never want those corporates to make money for themselves since they are giving huge revenue to the economy with fiat transactions.