Google will create virtual cards for storing cryptocurrency

By: Maksim Panasovskyi | 20.01.2022, 14:23

Google has also decided to jump on the train called "cryptocurrency market". The company plans to start issuing digital cards for storing virtual coins.

Bill Ready, commercial president of Google, reports this in an interview with Bloomberg. "Corporation of Good" has already entered into a partnership with some crypto platforms. In particular, with Coinbase and Bitpay.

The payment business at Google will be developed by Arnold Goldberg, former CEO of PayPal Holdings. The company is also recruiting specialists in the field of blockchain. The team will be led by Shivakumar Venkataraman, former Vice President of Alphabet Holding.

When Google digital maps will become available to users, has not yet been specified. But it is already known that they will receive fiat currency support.

A source: Bloomberg

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