Amazon’s move to buy 3 domain name websites related to cryptocurrency aka virtual currency makes the public began to wonder about what will be done by the largest e-commerce companies in the world. Amazon has secured three new domain names associated with cryptocurrency, which sparked speculation that the e-commerce giant could be preparing to move into virtual currency fields.
However, Amazon Pay VP Patrick Gauthier told CNBC last month that this Amazon move may only protect its brand name. The domains they buy are amazonethereum.com, amazoncryptocurrency.com, amazoncryptocurrencies.com.
DomainNameWire trade publication company is the first to report the movement of Amazon. The report says that Amazon is registered for the domain on Tuesday.
The news comes along with rising Bitcoin prices, criptocurrency that broke new record highs on Saturday, reaching $ 7,000 for the first time, following news of CME’s plan to launch its futures Bitcoin futures later this year.
There are rumors about Amazon that it is said to be receiving cryptocurrency like Bitcoin as a means of payment, but the company has not yet acknowledged this plan. Just last month, there were rumors about Amazon’s adoption for Bitcoin which instantly made the price of this virtual currency rise.
However, Amazon seems intent on having many domain names related to cryptocurrency. According to Coindesk, Amazon signed up for the domain “amazonbitcoin.com” three years ago. If you click Amazonbitcoin.com now, you will connect directly to Amazon.com.