#AppleCryptoUpdate announced the support for digital signatures and public and private encryption keys, which could be used to represent cryptocurrencies, an Apple executive clearly stated on Thursday that the company is closely monitoring blockchain-based virtual currencies. Last spring, Apple had already announced a CryptoKit for iOS 13, which will allow developers to easily create hashes for digital signatures and public and private keys that can be stored and managed by Apple's Secure Enclave (SEP) processor. These keys, which can represent cryptocurrencies, could then be exchanged by iPhone owners to make payments through an app.