Cryptocurrency Apple Says Cryptocurrencies Have Long-Term Potential

Apple Says Cryptocurrencies Have Long-Term Potential

Follow Us on Social Media

Follow Us on Social Media

Apple Pay VP Jennifer Bailey said that they are watching cryptocurrencies, and they think that it has an interesting long-term potential.

Adding cryptocurrencies into Apple Pay in the future could rapidly speed up user adoption, as people would be able to spend their crypto easier.

Currently, over 65 percent of US retail locations accept Apple Pay.

Apple Smart Watch on a hand, with applications showing.
If Apple decides to add cryptocurrencies in the future, then Apple Watch users could pay using their crypto in millions of stores worldwide, with a flick of a wrist. | Apple Watch image via Pixabay.

Smartphone makers are moving in that direction

They are one of the few companies left that are not yet involved with cryptocurrencies. For example, HTC has a blockchain phone called the Exodus 1, while Samsung has released its flagship phone, the Galaxy S10, with Cryptocurrency wallets included.

Kraken banner with the text

Apple Logo image via Pixabay.

Latest News

Why Payment Giants Can No Longer Ignore Crypto

As time goes on, payment companies are starting to take crypto more seriously. Read our timeline to see what it took to get to this point.

Bitstamp to List Stellar With Fiat Trading Pairs

Bitstamp, the world's longest-standing cryptocurrency exchange, has added Stellar to its platform.

Verizon Partners With Google

Telecommunications company Verizon partners with the search engine giant Google by giving Verizon fiber customers a free Google Stadia.

Highest Rated Exchanges