Apple seeks to bring on board a business development executive experienced in digital assets, according to Coindesk. The executive will be in charge of “partnership payments” and will lead Apple’s negotiations in the alternative payments space.
Apple has set the minimum experience of the potential executive to five or more years, who has worked for alternative payment providers that include BNPL and Fast Payments.
The development happens even as Apple has for a long time rejected customers’ crypto payments on its App Store.
Apple faced a lawsuit from Fortnite’s Epic Games which accused it of violating antitrust laws and curtailing payments innovation by restricting the use of digital tokens.
Although Apple is yet to outline crypto plans, Coinbase already included its Pay graphics in its app update, raising eyebrows over the iPhone maker’s crypto inroads.
Apple stock is currently gaining. AAPL: NASDAQ is up 0.11%
