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Coinbase integrates Apple Pay to simplify crypto purchases

Coinbase has added Apple Pay integration, allowing app developers to include a cryptocurrency purchase option within their apps.

This feature is part of Coinbase Onramp, which aims to simplify converting traditional currencies into cryptocurrencies.

Apple’s stance on cryptocurrency has historically been cautious. The company restricted its credit card users from purchasing cryptocurrencies in 2019.

The inclusion of Apple Pay in Coinbase may suggest a shift in Apple’s approach.

Recent Coinbase developments

Timeline
02-Dec-2024 📈 Coinbase exec sees crypto regulation progress under Trump
  • Shirzad sees crypto laws advancing under Trump.
  • Republicans in control may push crypto legislation.
07-Nov-2024 📈 Coinbase shares soar 31% as pro-crypto candidates win
  • Coinbase shares jump 31% post US elections.
  • CEO Armstrong gains $2.1 billion in share value.
07-Nov-2024 🇸🇬 Coinbase boosts Singapore blockchain with engineer training
  • Coinbase launches hub for engineers in Singapore.
  • Focus on blockchain in payments and fintech sectors.
15-Mar-2023 💱 Coinbase adds support for direct bank transfers in Singapore
  • Coinbase introduces free bank transfers in Singapore.
  • Partners with Standard Chartered for FAST service access.
28-Feb-2023 🚫 Coinbase to halt Binance USD trades
  • Coinbase to halt BUSD trading on March 13.
  • Decision follows asset review, affects all platforms.

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