Amazon.com Inc Chief Executive Officer Andy Jassy said the e-commerce giant is not close to adding Bitcoin as a payment option to its retail operation.

Jassy said this in an interview with the CNBC on Thursday.

He also hinted that non-fungible tokens (NFTs) could be sold on its e-commerce platform, and that NFTs will continue to develop “substantially.”

NFTs, a form of blockchain-based digital currency, have grown in popularity in 2021, with NFT artwork fetching millions of dollars.

Jassy believes cryptocurrencies will grow in popularity in the long run, but he does not hold any bitcoin.

A increasing number of businesses have begun to accept virtual currencies as payment, pushing an asset class that was formerly rejected by big financial institutions closer to the mainstream.

Last year, eBay Inc became the first e-commerce company to accept the selling of NFTs for digital items such as trading cards, pictures, and video clips on its site.

EBay had previously stated that it would consider accepting cryptocurrency as a form of payment in the future.

Previous articleToyota Launches bZ4X Electric SUV with Price
Next articleRussia-Ukraine War: World Bank to Cut 2022 Global Growth Forecast