Apple recruiting for cryptocurrency expert

Apple is currently recruiting a business development manager with several years’ experience in the crypto space, hinting at an increased interest in digital assets by the BigTech giant.

The role will centre on “alternative payments” and will also require experience in in Buy Now, Pay Later (BNPL) services.

The new hire is set to join the Apple Pay and the iPhone Wallet application team, and the ad specified that Apple is looking for “for a candidate who is comfortable with ambiguity, enjoys thinking about edge cases and asking ‘what is an alternative way of doing this’.

The news comes shortly after Coinbase unveiled that it will soon be supported by Apple Wallet, though nothing has yet been revealed about how the integration will work.

Apple has not always been supportive of cryptocurrency; it banned cryptocurrency wallets from its App Store in 2014, but later reversed the move.

In February 2021, a report by analyst house RBC Capital Markets argued that Apple has “a unique opportunity” in the cryptocurrency space, as its large existing ecosystem could alleviate the Know Your Customer (KYC) issues which can make legally acquiring cryptocurrency assets time consuming.

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