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Is Apple About to Accept Cryptocurrency? Job Ad Suggests It Might

Cupertino-based tech giant Apple

May 28, 2021

Reading Time: 2 minutes

Tech giant Apple’s latest job ad is suggesting the possibility of the company exploring the cryptocurrency market. Apple is seeking a Business Development Manager – Alternative Payments, to join its team.

Apple Seeking Candidate With Over 5 Years Experience in Alternative Payments

Cupertino-based tech giant Apple specified that the candidate should have over five years of experience working in or with alternative payment providers. Such providers may include digital wallets such as BNPL, Fast Payments, and cryptocurrency.

The iPhone maker Apple also added that the right candidate should not be fixated so much on mainstream payment solutions. The ad read that the candidate should be “comfortable with ambiguity.” Moreover, he or she should “enjoy thinking about edge cases and asking ‘what is an alternative way of doing this.’”

As expected, the cryptocurrency community caught the cryptocurrency specification and ran with it. Nothing says ‘ambiguity’ and ‘alternative’ in the payments sector more than cryptocurrency. Tech giant Apple getting into cryptocurrency to take in staff with experience on the digital coin is enormous for the industry.

iPhone Maker Apple Slowly Warming Up to Cryptocurrencies

While Cupertino-based tech giant Apple may not have made an immense presence, it is not entirely new in the crypto scene. The listing of cryptocurrency exchange platform Coinbase on the App Store was the first indication that Apple is warming up to digital coins.

Coinbase has clarified on its website that it does not support Apple Pay at the moment. Nonetheless, it wishes to bring a faster, safer way to spend cryptocurrencies in the future to iOS users. There could be a chance that maybe this is what Apple is working on with this new hire.

Jennifer Bailey, the head of Apple Pay, was heard in the past stating that Cupertino-based tech giant Apple was watching cryptocurrencies and thought they had an interesting long-term performance. It is unclear whether iPhone maker Apple is still observing the industry or it is finally ready to take action. The crypto community can only wait for its next move.

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