Tuesday, December 24, 2024
Home > News > Cryptocurrency Market > Breaking: Google taps Coinbase to bring crypto payments to cloud services

Breaking: Google taps Coinbase to bring crypto payments to cloud services

Google says early next year users will be able to pay for cloud services using cryptocurrencies like Bitcoin via Coinbase.

Google announced a new deal with Coinbase which will allow a select set of customers to pay for its Cloud services using digital currencies such as Bitcoin (BTC). This will take effect early next year.

According to CNBC on Oct. 11, the tech giant also plans to explore using Coinbase Prime, which is a custodial service for storing and trading cryptocurrencies.

In return, Coinbase announced it will move some of its applications, which were initially stored using Amazon Web services, over to Google’s cloud.

This story is developing and will be updated with new information.

Source