Amazon denies it’ll accept crypto, Bitcoin swiftly drops

Amazon on Monday denied a media report that the company plans to accept Bitcoin payments by the end of the year. Speculation had been mounting about the e-commerce giant’s moves crypto strategy. The rumors starting swirling last week after the company posted a job ad for a “Digital Currency and Blockchain Product Lead.” They gathered pace on Sunday when UK-based news outlet City AM cited an unnamed insider as saying the retailer will take Bitcoin payments “by the en