Apple Bans Crypto Purchases via Apple Card
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Aug. 3, 2019
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Apple will not allow cardholders of Apple Card to purchase cryptocurrency, casino gaming chips, race track wagers or lottery tickets, Reuters reports.

Previously iHodl reported that American multinational technology company, Apple Inc., announced its own Goldman Sachs-backed credit card Apple Card. Apple Card is integrated into the Apple Wallet app on iPhone, offering customers a familiar experience with Apple Pay and the ability to manage their card right on iPhone.

Goldman and Apple declined to comment, Reuters notes.

According to Apple CEO, Tim Cook, Apple Pay will process over 10 billion operations by the end of 2019.

Earlier Co-Founder of Apple Inc., Steve Wozniak, founded a blockchain-focused company called EFFORCE.

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