The company has not made an announcement regarding the reason for the registrations, but it could be preparing to accept the currencies as payment or launching an exchange for customers to purchase them. Amazon's legal department is listed as the registrant for the.
Tesla bought $1.5 billion of bitcoin. Could Apple or Amazon follow?
While it is possible Amazon has registered the domains to prevent others from using them, there are strict consumer protections in the US against "domain squatting" - or registering a domain with the intent of profiting from someone else's trademark - which would make this unnecessary. The registrations follow two consecutive days of Bitcoin hitting all-time highs, following an announcement by CME Group that it plans to launch a futures market in the currency by the end of the financial year.
Last month the chairman and chief executive of JPMorgan Chase, Jamie Dimon, described Bitcoin as a "fraud" and told his company's investors it was "worse than tulip bulbs". At the time of the October high, Naeem Aslam, chief analyst at Think Markets, said he believed Bitcoin could continue to surge if large e-commerce players like Amazon began to accept it.
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Could Amazon follow Tesla into accepting bitcoin? | Value the Markets
Technical Analysis. What is undefined? He first arrived at the company in to work in the Marketing division.
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