According to CNBC OnePay, a banking application owned by Walmart will soon introduce cryptographic support.
According to Friday CNBC report Referring to anonymous sources, OnePay will soon offer users to trade cryptocurrencies and care. The application is expected to support Bitcoin (BTC) and Ether (ETH) this year.
OnePay decided the American version of “SUMAPP”, modeled on Chinese Wechat. The platform already offers banking services, including high -performance savings accounts, credit and debit cards, wireless loans and plans.
Wechat is “supepp” Wechat in China, combining messages, social media, payments, shopping and countless mini applications into one platform. This application, which many Western companies are trying to imitate, allows users to talk, pay bills, order food, travel and many others.
OnePay did not answer CointeLgraph’s request for commentary through the publication.
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Searching for western supepp
While many companies have expressed interest in building superapp such as Wechat, so far no one has created it. Time can be favored by OnePay.
At the beginning of this month, Paul Atkins, chairman of the Securities and Stock Exchange Committee, expressed support for platforms offering many financial services as part of one regulatory framework.
The updated strategy of the regulatory authority includes enabling platforms acting as “superapdits” that can facilitate trade, borrow and set digital assets under one regulatory umbrella.
“I believe that the regulatory authorities should provide a minimum effective dose of regulation needed to protect investors and not,” said Atkins at the time.
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The SUMAPP race warms up
Atkins’ comments did not fall on the deaf ears. At the end of September, the Coinbase CEO, Brian Armstrong, presented plans to build a cryptographic supepp, offering credit cards, payments and Bitcoin awards for the competition of customary banks.
Earlier in September, the South Korean unicorn’s projection announced this year plans to launch SUMAPP Finance in Australia and the Korean release of Stablecoin win after regulating approval. Returning to the United States, Elon Musk’s social media giant has long been working on artificial supepp intelligence.
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