US trade giants – Amazon and Walmart are searching for ways to allow shoppers to pay for goods using cryptocurrencies.

Walmart (WMT) is reportedly looking for someone to develop a roadmap for digital currency. Recently Amazon, currently the biggest global retailer, found itself in the spotlight by saying it is recruiting for a similar senior position, which was entitled “Digital Currency and Blockchain Product Lead”.

The hiring announcement on Walmart’s website says that company is looking for a senior director at the company’s headquarters in Bentonville, Arkansas, who will identify customer needs and translate them into product requirements.

According to the job posting, this position will be also responsible for developing the megaretailer’s “digital currency strategy and product roadmap” as well as identifying “crypto-related investment and partnerships”.

Walmart is looking for spesialist with 10+ years of product management or technology experience and “visionary leadership qualities” to develop its blockchain strategy, preferably someone possessing “significant functional knowledge of the cryptocurrency ecosystem” and an “entrepreneurial mindset”.

According to that one’s job description, the person’s responsibilities will entail “leveraging the domain expertise in Blockchain, Distributed Ledger, Central Bank Digital Currencies and Cryptocurrency to develop the case for the capabilities which should be developed, drive overall vision and product strategy, and gain leadership buy-in and investment for new capabilities”.

Amazon’s spokesman, commenting on that post, said “We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”

Binance has hired a former IRS criminal investigator

Meanwhile, in respect to the most talked-about newly hired crypto roles, Binance, the largest cryptocurrency trading platform in the world, has hired a former IRS criminal investigator, Greg Monahan, to oversee investigations into money laundering, according to an announcement from the company.

Monahan’s official title is announced as Global Money Laundering Reporting Officer. Probably, not coincidentally, Wu Blockchain wrote in its Twitter that “the Chinese community found that Binance resumed the registration of Chinese mobile phone numbers after suspending for two weeks”. The industry is apparently getting stronger and more legitimate by day.

BTC/USD Trade Signal

 

Instrument: BTC/USD

Our opinion: Buy (Instant Execution)

Entry price: $44328

Stop: $40759

Target: $53022

Risk setting: 2%

RRR: 1:3

Olga Prokhorova

Chief of VRM Research

We hope that you’ve found this article easy to follow and useful. If you have any further questions or want to learn more about our native FLy token, feel free to join our official Telegram Global community channel. Don’t miss our news and new products launching – join FLy and BO Newsletter.

At VRM Research, we provide regular investment analysis of the cryptocurrency markets in cooperation with our trading department. Check it out and don’t miss the newest trends and developments in the crypto space.

Disclaimer:

All investment strategies and investments involve the risk of loss. Nothing contained in this article should be construed as investment advice. Any reference to an investment’s past or potential performance is not, and should not be construed as a recommendation or as a guarantee of any specific outcome or profit.