Cryptocurrencies

Get crypto-friendly, Binance boss tells online businesses

Amazon is a dead cert to launch its own cryptocurrency, according to Binance’s Changpeng “CZ” Zhao.

He made the prediction whilst conversing with people who responded to the following tweet.

Amazon, always keen to push boundaries, may well go down this road, although not in the near future as it has bigger tech fish to fry right now (e.g. drones, delivery robots and cashierless stores). But where the e-commerce giant dares to tread, many others follow, which would make for interesting times, lest we forget that control freak governments really don’t want mass crypto adoption to happen, as Phillip Nunn, CEO, Wealth Chain Capital points out. Bring it on, we say.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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