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    Home » Users of the new Apple Card will be banned from buying cryptocurrency

    Users of the new Apple Card will be banned from buying cryptocurrency

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    By BlockchainJournal on August 4, 2019 News
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    Owners of the acclaimed Apple Card credit card, developed by the eponymous technology corporation together with the investment bank Goldman Sachs, will not officially be able to use the tool to buy cryptocurrency . Cryptobtcmining.com pays attention to this .

    In anticipation of the launch of the card scheduled for the current month, Goldman Sachs published an Apple Card user agreement on its website. According to the document, users are not allowed to use the card to receive cash loans and cash equivalents, along with “any illegal activity, including participation in gambling on the domestic or international websites or the purchase of illegal products or services”.

    According to the presented rules, to the acquisition of fiat equivalents Goldman Sachs equates "the purchase of travelers checks, foreign currency or cryptocurrency ."

    In early 2018, Apple banned mining applications from the App Store. This year it also became known that the company can use the blockchain in logistics chains.

    Gold Sol Sachs CEO David Solomon at the end of June confirmed interest in the underlying technology cryptocurrency.

    “Suppose that all the major financial institutions in the world are looking at the potential of tokenization, steakblocks and calculations that are not burdened with unnecessary difficulties ,” he said then.

    Posted 04/08/2019
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