Ledger signed an MoU With Hong Kong Startup to Accept Crypto Payments

Ledger signed an MoU With Hong Kong Startup to Accept Crypto Payments

Crypto hardware wallet provider Ledger has signed an agreement with crypto payment startup Crypto.com to permit users to get its merchandise with crypto, as per a press release shared with Top Market Group on Dec. 20.

Hong Kong-based Crypto.com has reportedly signed a memorandum of Understanding (MOU) with Ledger that may alter Ledger to adopt their service Crypto.com Pay. The payment platform can supposedly enable Ledger clients to get products with cryptocurrency.

Crypto.com Pay can supposedly be incorporated into Ledger’s on-line store, wherever customers will able to make purchases via Crypto.com wallet and Card application.

While the press release doesn't specify that cryptocurrencies are going to be supported by the new payment solution, Crypto.com’s wallet options seven fiat currencies and 6 cryptocurrencies, as per their web site.

According to Crypto.com Medium, the case supports Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), moreover as Binance Coin (BNB), Monaco (MCO), and its own Crypto.com Chain token (CRO).

Ledger chief executive officer Éric Larchevêque expressed that introducing a crypto payment choice for products purchases may be a “natural step,” and this payment technique is “just what [Ledger] customers are seeking.”

Ledger recently opened a brand new workplace in New York to develop its institution-targeted custody giving referred to as Ledger Vault. Ledger appointed former worldwide Exchange (ICE) govt Demetrios Skalkotos to lead international business unit operations for the project.

In November, Ledger side support for privacy-focused altcoin Monero (XMR) to its Nano S case device, having antecedently resumed support for Bitcoin money (BCH), following a suspension of service in period.

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