Amazon just bought three domain names related to cryptocurrency
The domains are amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com
By Eugene Kim
Amazon has secured three new domain names related to cryptocurrency, sparking speculation that the e-commerce giant could be preparing a move into the cryptocurrency space.
However, Amazon Pay’s VP Patrick Gauthier told CNBC last month that Amazon had no plans to accept cryptocurrency because there hasn’t been much demand yet, and Amazon may simply be protecting its brand name.
The domains are: amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com.
Trade publication DomainNameWire was the first to report on Amazon’s move. The report said Amazon registered for the domains on Tuesday.
The news comes as bitcoin, the largest cryptocurrency by market cap, smashed through a new record high price on Wednesday, reaching US$6,600 for the first time, following news of CME’s plan to launch bitcoin futures later this year.