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Amazon’s most notable smart home deal in recent memory was the acquisition of Ring, reportedly valued at more than billion. Last month, Amazon invested in a modular building startup for the first time, Planet Prefab.

Amid proliferation of cryptocurrencies and other new forms of store of value, central banks around the world have been cautious so far in developing a digital currency of their own. They have been sticking to their traditional mandates to use monetary policy to foster employment, ensure price stability, and prevent financial risks.

Amazon’s expansion into brick-and-mortar bookstores likely isn’t due to the money in book sales. The stores also serve as a showroom for Amazon devices such as the Echo and Echo Dot and allows Amazon to push its Prime service by giving members discounted prices.

American expats in Canada eager to vote in US election - World - Chinadaily.com.cn

Amazon’s growth in physical retail raises natural concerns among many of the same traditional retailers whose businesses have been undercut by the company’s online domination. In a special report on the company from this past March, The Economist?cites the possibility of new regulatory scrutiny?for the company in the future. “If Amazon does become a utility for commerce, the calls will grow for it to be regulated as one,” the magazine concludes. “Shareholders are right to believe in Amazon’s potential. But success will bring it into conflict with an even stronger beast: government.”