BTC $71,807
2026 Bull Run Is Building Start trading with 5% OFF all fees
Sign Up Now
BTC $71,807
Bull Run 2026 | 5% Off Fees Open your Binance account today
Sign Up

Tim Cook: Apple Does Not Plan To Make Crypto A Payment Method

Apple CEO Tim Cook, attending the New York Times Dealbook conference, provided some interesting information about whether the company plans to integrate cryptocurrencies into its payment methods, how he sees the upcoming establishment of augmented technology and virtual reality, but also raised the coveted issue of sideloading.

- Advertisement -

Cook explained that he has invested in cryptocurrencies and that he has conducted relevant research on the subject – clarifying that he does not give any investment advice.

He was asked whether Apple intends to use cryptocurrencies as a payment form through Apple Pay, as implemented by several tech companies, he clarified that currently, the company does not plan to make cryptocurrencies an acceptable payment method, at least in the near future.

More specifically, he said that

“I don’t think people buy Apple shares to have exposure to the cryptocurrency market. Even if they want to do this, they can invest directly in encryption by other means,”

- Advertisement -

Cook added that when the company looks extensively at the issue of cryptocurrencies and decides to somehow integrate them into its system, further details will be announced.

Regarding NFTs, Apple’s CEO said they are quite interesting, but he thinks it will take longer for the wider public to become familiar with their concept and existence in general.

Cook was also quite clear in the question related to the issue of sideloading, explaining that people before deciding to buy a mobile phone have two options now: a device that allows sideloading and a device that does not allow it.

So if users want an environment where sideloading apps are allowed, they can buy an Android device, he said.

Finally, he expressed his enthusiasm for the approaching new world of virtual reality but did not comment on either Meta’s recent plans or the company’s actions in this regard.

Previous Articles:

- Advertisement -
Ad
Altseason Is Loading. Don't watch from the sidelines.
SOL $90.51
DOGE $0.0963
LINK $9.02
SUI $1.00
5% off fees when you sign up
Start Trading
Ad
Pay Less on Every Trade. For Life.
$10K/mo volume Save $60/yr
$50K/mo volume Save $300/yr
$100K/mo volume Save $600/yr
5% off all trading fees when you sign up
Claim Your Discount

Latest News

Korean Investor Stabs YouTuber After Market Losses, Market Crash

A 20-year-old investor allegedly stabbed a YouTube stock adviser in Busan after suffering major...

AMLA warns MiCA migration may strain EU crypto compliance

The MiCA transitional period ended July 1, forcing all crypto firms serving EU customers...

AsyncAPI npm packages compromised, deliver Miasma botnet loader

Four npm packages in the @asyncapi namespace were compromised, distributing a multi-stage botnet loader...

US, UK issue joint stablecoin and tokenization plan

The U.S. and UK Treasuries published 10 joint recommendations to align regulation of stablecoins,...

BYD doubles Europe market share to 2.8%, overtakes Tesla and Ford

BYD's European market share more than doubled to 2.8% in May, surpassing Ford, Tesla...

Must Read

Top 5 Testing Tools For Blockchain Applications in 2022

Blockchain apps have been adopted popularly by some prominent industries due to its being a decentralized-designed technology. Furthermore, these apps eliminate the risks that...
Ad
Altseason Is Loading. These 4 coins are trending right now.
SOL $92.12
DOGE $0.0950
LINK $9.02
SUI $1.02
5% off spot fees when you sign up
Start Trading