In the crypto asset sector, the next big development should be mainstream use of crypto assets.
Bitcoin was already proof that crypto asset payment transfers via Blockchain are possible. Internet giants like Facebook and Twitter have shown their positive attitudes towards digital currencies. Facebook, also, announced their desire to create Facebook coin.
Recently, Rakuten, the Japanese Amazon, openly expressed their desire to integrate a Crypto asset trading service in June 2019, following attainment of licenses for the exchange. Rakuten is a market for selling goods like electronics, clothes, games, credit card services and etc. In order to sign up for the wallet, users should open a Rakuten Bank account, which can be done by typing the needed info on the format.
As of now, Amazon showed resistance towards the idea of crypto asset payments, but if Amazon integrates Bitcoin, a large amount of money will enter the crypto sphere. Last year, a net sale revenue of around 232 bln was recorded by Amazon. This is more than all the money in the Crypto space as reported by Coinmarketcap.
Although it is obvious that Rakuten is still not equal to Amazon, their crypto asset exchange can open the flood gates to other marketplaces to take into account this option.
The post WILL AMAZON ACCEPT CRYPTO? appeared first on Bitcoin News.
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