Apple has teamed up with Coinbase to enable crypto purchases through Apple Pay in third-party apps.
Stripe and Coinbase have formed a partnership that will bring the benefits of crypto to millions of businesses and people around the world.
To facilitate cryptocurrency purchases for U.K. based users, Coinbase has integrated Apple Pay functionality, enabling users to buy Bitcoin and other digital assets directly through their iPhones using Apple Pay.
Coinbase has launched two new wallet solutions aimed at simplifying the development of Web3 applications.Â
Coinbase has release of an Ethereum bridge and NFT minting for its layer 2 network Base. Base is set to launch its mainnet on August 9 after opening to developers back in July.
Coinbase has secured regulatory approval by the Central Bank of Ireland to act as a virtual asset service provider (VASP), where the company’s operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup.
Coinbase  has disabled NFT transfers on its iOS wallet app, blaming Apple's 30% Tax. Using Apple software to pay its gas fees would subject such revenues to Apple's 30% app tax.
