Crypto

Walmart says it’s hiring director to shape cryptocurrency strategy

(FILES) In this file photo taken on July 15, 2020 people wearing facemasks sit outside a Walmart store in Washington, DC.

andrew caballero-reynolds/Agence France-Presse/Getty Images

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U.S. retail behemoth Walmart is looking to hire someone to develop a digital currency roadmap, joining Amazon in looking for ways to let customers pay for goods with cryptocurrencies.

A recruitment ad on its website said Walmart WMT, +0.32% is looking for a senior director based in company headquarters in Bentonville, Arkansas, who will “identify customer needs and translate them into product requirements” as well as identify crypto-related investment and partnerships.

Amazon AMZN, -0.29% stirred interest when it said it was recruiting for a similar high-level position.

The crypto complex was registering solid gains on Monday, with bitcoin BTCUSD, +0.74% rising 3% to over $47,000, and dogecoin DOGEUSD, +3.62% surging 15%.

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