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In a significant move to simplify cryptocurrency transactions, Coinbase has integrated Apple Pay into its platform, allowing third-party app developers to enable users to purchase crypto directly using Apple Pay. This feature is part of Coinbase’s Onramp service, designed to convert traditional currencies like USD into cryptocurrencies.

The Integration of Apple Pay: A Major Step Toward Accessibility

The addition of Apple Pay to Coinbase’s Onramp is a game-changer for crypto purchases. Historically, buying crypto involved navigating multiple platforms and incurring extra fees. Now, with Apple Pay, Coinbase aims to streamline the process, making crypto accessible to a broader audience.

Apple’s Evolving Stance on Crypto

Apple’s move to embrace crypto with this integration marks a shift from its previous stance. In 2019, the company had restricted crypto purchases using its credit card and had been known for pulling crypto apps, like Binance and Kraken, from the App Store in certain regions.

However, this recent integration indicates a more open approach towards cryptocurrency, which coincides with broader political shifts. President-elect Donald Trump’s stance on crypto, along with Securities and Exchange Commission (SEC) Chairman Gary Gensler’s planned departure, has created a more favorable environment for crypto companies.

Rose Cole

Rose Cole is a talented junior news writer at Crypto Quill, specializing in covering the latest updates on cryptocurrency and Bitcoin. With a passion for staying abreast of developments in the digital finance space, Rose’s articles provide readers with timely and informative news on the ever-evolving world of cryptocurrencies. Despite her junior status, Rose’s dedication to accurate reporting and commitment to delivering relevant content shine through in her work. Count on Rose to bring you the most current and essential news in the realm of cryptocurrency and Bitcoin, offering a fresh perspective to Crypto Quill’s readers.