#AppleCryptoUpdate Signals from the technology giant today had a great repercussion in the crypto markets. Apple's new applications and developer documents on blockchain technologies have raised the question “Is Apple entering crypto?” in the sector.

Apple stated that it is working on a payment protocol called “Apple Pay On-Chain” in new documents published specifically for developers. This system may include direct integration with ERC-20 and BEP-20 tokens.

It was also leaked that Apple is in preliminary talks with major exchanges on Web3 wallet compatibility. This could pave the way for direct crypto transactions through Apple Wallet.

The “Developer SDK Update” announced today is set to offer native support for crypto wallet and NFT access on iOS. The beta version is available to a limited number of developers.