Amazon ‘Will Have to’ Create Its Own Crypto in Future, Binance CEO Says

Discussing the internet business sector more broadly, Changpeng Zhao — CEO of top crypto exchange Binance — said it was not so much a question of if, as of when Amazon will issue its own coin.Such rumors periodically appear in the press, including those that Amazon could integrate Bitcoin (BTC) as a payment method.Zhao made his statement the same week Twitter’s own CEO, Jack Dorsey, repeated his forecast that the internet itself will end up using a default currency, specifically Bitcoin.Speaking on the Joe Rogan Experience podcast released Feb. 2, Dorsey cautioned that although he could not be sure that Bitcoin would ultimately fulfil this role, the largest cryptocurrency appeared to be the clearest choice.“It was something that was born on the internet, was developed on the internet, was tested on the internet; it is of the internet,” he said.

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