During Apple's fiscal Q3 conference call, Apple's CEO confirms that the Apple Card will be rolled out later this month. We now learn that Apple Card will not allow the purchase of cryptocurrencies with the card. This was confirmed on Goldman Sach's website today as a clause in the completed customer agreement.
Reuters reports that "The Apple Card customer agreement stated that the card cannot be used to purchase cash advances or cash equivalents that include cryptocurrencies, casino game chips, racing wagers or lottery tickets. Goldman declined to comment and Apple did not immediately respond to the request.  The Apple card is part of a broader effort by Apple to get more revenue from services after years of heavy reliance on iPhone sales, which fell 1
Apple has created a Scribd document for your review below that covers the "Apple Card Customer Agreement" created by Goldman Sachs. It points to the cryptocurrency on page two of the agreement as a definition of "Cash Advance and Cash Equivalents."
Then on page 3 of "Using Your Account" it says: "You can use your account to make transactions. You cannot use or allow your account to be used for :" Cash Advance and cash equivalents, "which includes cryptocurrencies listed on page 2.
Goldman Sachs Apple Card Customer Agreement by Jack Buyer on Scribd
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