Breaking News
Apple is ‘watching Crypto’ but there was no mention at iPhone 11 event, says CoinCorner
CoinCorner’s CEO, Danny Scott, commented:
“Apple revealed their latest line of products, unveiling the new iPhone 11 at their annual Apple event yesterday, however there was no mention of their plans for cryptocurrency, which they recently revealed they were “watching”.
The news that cryptocurrency was on their radar came as no surprise to us – we’ve said on many occasions that we expect to see more FAANG companies exploring cryptocurrency, especially following announcements from the likes of Facebook (Libra) earlier this year – but although Jennifer Bailey, VP of Apple Pay positively described cryptocurrency as having “interesting long-term potential”, we expect Apple to remain somewhat sceptical, bearing in mind that they don’t allow customers to use their credit card for the purchase of Bitcoin or other cryptocurrencies at the moment.
It’s fair to assume that Apple are most likely exploring cryptocurrencies behind the scenes already – what company isn’t? – so it will come as no surprise if they announce “Apple Coin” in the near future. We certainly don’t expect to see them embracing Bitcoin anytime soon – given the decentralised nature of Bitcoin (one of its fundamental features), we fail to see how it would fit into the notoriously centralised ecosystem of Apple products and services.
If Apple does decide to go down the route of creating their own cryptocurrency, they’ll quickly realise that as long as there is a central authority with control, there is no consumer demand or desire for it. We’ve said it before and we’ll say it again: it’s a waste of time and resources for these big companies to explore cryptocurrencies if all it means is that they are going to try and reinvent the (Bitcoin) wheel.
Apple may very well just be the next big name trying to use cryptocurrency as a solution to a problem that doesn’t exist”
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Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.
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DTCC Joins ERC3643 Association
As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.
Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash
Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.
USDG Expands Global Footprint and is Now Available for Trading across More Than Ten Digital Access Exchanges Globally
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Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
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Next Insurance Acquired for $2.6 Billion in Cash
Munich Re and NEXT Insurance have signed a definitive agreement regarding the full acquisition of NEXT Insurance
Crypto Meets Forex: Finrax and FXBO Revolutionize Payment Solutions for Brokers
Finrax, the leading crypto payment gateway bridging crypto and fiat, offering fast and reliable payment processing, has announced a partnership with FXBO.
Fiserv Announces the Appointment of Stephanie Cohen to Board of Directors
Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced the appointment of Stephanie Cohen to its Board of Directors.
DTCC Joins ERC3643 Association
As a member, DTCC will contribute to the Association’s goals by promoting and advancing the ERC3643 token standard.
Tastytrade Expands Crypto Trading With New Digital Assets, Powered by Zero Hash
Zero Hash, the leading crypto and stablecoin infrastructure provider, today announced that tastytrade, a leading brokerage with an award winning platform for traders, has expanded their relationship with Zero Hash, enabling trading of five additional digital assets. Having launched crypto trading capability in 2020, through Zero Hash, this expansion meets increased customer demand for more crypto trading options.
USDG Expands Global Footprint and is Now Available for Trading across More Than Ten Digital Access Exchanges Globally
Today, Global Dollar Network, an open network designed to accelerate and reward global stablecoin adoption, announced that Global Dollar (USDG) is now available for trading across more than ten digital asset exchanges. These strategic listings expand the accessibility and liquidity of USDG, offering users enhanced trading opportunities. Now, millions of users globally can get safe, trusted US dollars in the form of USDG via their preferred trading platforms. Since January 1, USDG has grown more than 300%*, making it one of the fastest growing stablecoins.
Capital Credit Union Modernizes Operations and Positions for Growth With Jack Henry
Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry’s Symitar® platform and complementary products to support its future growth.