Apple supremo Tim Cook says the company has no immediate plans to accept cryptocurrency after silencing rumours regarding the possible enabling of cryptos into products like Apple Pay and Apple Card.
Speaking at The New York Times DealBook conference, Cook said the company had no plans to enable crypto functionality, but teased “there are other things that we are definitely looking at”.
Apple has been considered by some to be a slow-starter in implementing cryptocurrency support. Most of the major firms in a similar niche – such as Square, PayPal or Venmo – support various crypto features, while Amazon and eBay have both shown enthusiasm to accept digital assets in the near future.
Augmented reality as the core business for Apple
Asked about Meta Platforms Inc, and its metaverse push, Cook explained augmented reality remains a core technology for Apple. There are plans for the new mixed reality headset to be revealed as early as next year.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.