Apple Sees Long-Term Crypto Potential, But Lags Way Behind Competitors

After keeping their thoughts on crypto quiet for years, a key executive at Apple is now explaining that the company is interested in the nascent technology, but further added that users shouldn’t expect anything crypto-related to come to Apple products anytime soon.

Despite their down-the-road interest, Apple is lagging significantly behind some of its main competitors, as other major phone manufacturers have already began incorporating crypto-related featured into their products.

Apple Pay VP: We Are Closely “Watching” Crypto

During a recent interview at a private CNN event in San Francisco, Jennifer Bailey, the vice president at Apple Pay, explained that despite being interested in crypto, they are not planning on incorporating it into their products anytime soon.

“We think it’s interesting… We think it has interesting long-term potential, but we’re primarily focused on what consumers are using today,” she explained. Read More at NewsBTC...

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