CoinMama says it is the first crypto platform to have Apple's explicit blessing to integrate with Apple Pay.
Cryptocurrency Exchange , Coinmama has become the first crypto exchange to have been authorized to integrate with ApplePay,
Cryptocurrency exchanges have indeed integrated ApplePay before, but they did not receive official permission from Apple.
The addition of Apple Pay onto Coinmama’s platform is the latest of a number of fiat payment options that are currently available on the exchange, including Visa, Mastercard, SEPA, and others.
Apple Has Been Eyeing the Crypto Space
While the number of cryptocurrency-related platforms that have integrated Apple Pay has continued to grow, Apple’s expressed interest in the cryptocurrency space has been rather subdued.
Still, just over one year ago, the company made it clear that it has its eye on the crypto space.
Several months prior to Bailey’s comments, Apple launched 'CryptoKit' for iOS 13, which would allow developers to easily create hashes for digital signatures, as well as public and private keys that could be stored in Apple’s Secure Enclave. The Secure Enclave is a piece of hardware in Apple devices that stores pieces of sensitive, encrypted information.
At the time that the CryptoKit was launched, a number of commentators believed that the company was paving the way toward creating hardware wallet capabilities for cryptocurrency storage.
However, Ouriel Ohayon, co-founder of ZenGo, told CoinDesk at the time of CryptoKit’s launch that “for now [CryptoKit] is pretty much useless for Cryptocurrencies because, one, it does not use the relevant elliptic curves for blockchains, and two, there is no access to the secure enclave to export and migrate private keys if you need to.”
However, Ohayon said that he does “anticipate [Apple] to go that route a few years from now,” a move that he believes “will make the industry a lot better.”
Finance Magnates reached out to Sagi Bakshi and to Apple Pay for additional commentary on this story and had not heard back at press time. Comments will be added as they are received.
Cryptocurrency Exchange , Coinmama has become the first crypto exchange to have been authorized to integrate with ApplePay,
Cryptocurrency exchanges have indeed integrated ApplePay before, but they did not receive official permission from Apple.
The addition of Apple Pay onto Coinmama’s platform is the latest of a number of fiat payment options that are currently available on the exchange, including Visa, Mastercard, SEPA, and others.
Apple Has Been Eyeing the Crypto Space
While the number of cryptocurrency-related platforms that have integrated Apple Pay has continued to grow, Apple’s expressed interest in the cryptocurrency space has been rather subdued.
Still, just over one year ago, the company made it clear that it has its eye on the crypto space.
Several months prior to Bailey’s comments, Apple launched 'CryptoKit' for iOS 13, which would allow developers to easily create hashes for digital signatures, as well as public and private keys that could be stored in Apple’s Secure Enclave. The Secure Enclave is a piece of hardware in Apple devices that stores pieces of sensitive, encrypted information.
At the time that the CryptoKit was launched, a number of commentators believed that the company was paving the way toward creating hardware wallet capabilities for cryptocurrency storage.
However, Ouriel Ohayon, co-founder of ZenGo, told CoinDesk at the time of CryptoKit’s launch that “for now [CryptoKit] is pretty much useless for Cryptocurrencies because, one, it does not use the relevant elliptic curves for blockchains, and two, there is no access to the secure enclave to export and migrate private keys if you need to.”
However, Ohayon said that he does “anticipate [Apple] to go that route a few years from now,” a move that he believes “will make the industry a lot better.”
Finance Magnates reached out to Sagi Bakshi and to Apple Pay for additional commentary on this story and had not heard back at press time. Comments will be added as they are received.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
Bitget's Bitcoin Reserve Ratio Soars Over 300% Following Halving
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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