<p>Amazon Inc Chief Executive Officer Andy Jassy said the e-commerce giant is not close to adding cryptocurrency as a payment option to its retail business, in an interview with CNBC on Thursday.</p>.<p>He also said it might be possible to sell non-fungible tokens (NFTs) on its e-commerce platform and expects NFTs to continue to grow "significantly."</p>.<p>NFTs, a type of digital asset that exist on a blockchain, have exploded in popularity in 2021, with NFT artworks selling for millions of dollars.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/amazon-adds-5-fuel-and-inflation-surcharge-to-seller-fees-1100633.html" target="_blank">Amazon adds 5% 'fuel and inflation surcharge' to seller fees</a></strong></p>.<p>Jassy said cryptocurrencies will become bigger in the longer term, but added he himself does not own any bitcoin.</p>.<p>A growing number of companies have started to accept virtual currencies for payment, bringing an asset class shunned by major financial institutions until a few years ago closer to the mainstream.</p>.<p>Last year, eBay Inc allowed the sale of NFTs for digital collectibles like trading cards, images or video clips on its platform, the first e-commerce company to tap into the frenzy around NFTs.</p>.<p>EBay had also said it was open to the possibility of accepting cryptocurrency as a form of payment in the future.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>Amazon Inc Chief Executive Officer Andy Jassy said the e-commerce giant is not close to adding cryptocurrency as a payment option to its retail business, in an interview with CNBC on Thursday.</p>.<p>He also said it might be possible to sell non-fungible tokens (NFTs) on its e-commerce platform and expects NFTs to continue to grow "significantly."</p>.<p>NFTs, a type of digital asset that exist on a blockchain, have exploded in popularity in 2021, with NFT artworks selling for millions of dollars.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/business/business-news/amazon-adds-5-fuel-and-inflation-surcharge-to-seller-fees-1100633.html" target="_blank">Amazon adds 5% 'fuel and inflation surcharge' to seller fees</a></strong></p>.<p>Jassy said cryptocurrencies will become bigger in the longer term, but added he himself does not own any bitcoin.</p>.<p>A growing number of companies have started to accept virtual currencies for payment, bringing an asset class shunned by major financial institutions until a few years ago closer to the mainstream.</p>.<p>Last year, eBay Inc allowed the sale of NFTs for digital collectibles like trading cards, images or video clips on its platform, the first e-commerce company to tap into the frenzy around NFTs.</p>.<p>EBay had also said it was open to the possibility of accepting cryptocurrency as a form of payment in the future.</p>.<p><strong>Watch latest videos by DH here:</strong></p>