Amazon has acquired three domain names that are associated with cryptocurrency in a move that would be interpreted in many different ways. The company may be having plans to enter the cryptocurrency business or planning to start accepting cryptocurrencies as a mode of payment. It may also be trying to protect its brand name from malicious use.
The domains acquired by Amazon and registered on Tuesday are amazoncryptocurrency.com, amazoncryptocurrencies.com and amazonethereum.com. This is not the first time Amazon has laid hands on a domain related to cryptocurrency. The company acquired amazonbitcoin.com three years ago and redirected it to Amazon.com.