Vice president of Apple Pay Jennifer Bailey, stated that Apple Pay was monitoring cryptocurrencies. He said that the company considered them as “interesting” as they had “long-term potential.” Facebook‘s Libra has caused a commotion that even the slightest hint about virtual currencies by tech giants is enough to start a heated argument. Due to this, many remain silent about such matters. However, Apple Pay chose to disclose its interest in the sector as a senior executive talked about the company’s interest in the matter. Jennifer stated that the company was not yet ready to invest in the sector but was
