Apple CEO Tim Cook says his company isn't interested in launching a cryptocurrency. In an interview with French publication Les Echos published on Friday, Cook said he believes deeply that money must remain in the hands of states.
"I am not comfortable with the idea that a private group creates a competing currency," Cook told Les Echos, according to a translation of the interview. "Money, like defense, must remain in the hands of states ... We elect our representatives to assume government responsibilities. Companies are not elected, they do not have to go on this ground."
Cook's comments come as Facebook's financial partners reconsidering their involvement following scrutiny from ., is reportedly on shaky ground, with
Cook, who's visited several countries in Europe this week, also talked with the French publication about Apple's iPhone maker is apparently considering ways to bring new its credit card to several countries.and the US launch of the . The
"Apple needs to rely on local partners. We do not intend to become a bank," Cook told Les Echos. "In the United States, we work with Goldman Sachs. In France, we need to find a retail bank that is particularly agile."
Apple Apple Pay isn't available. Perhaps in line with Cook's views on digital currency, with the card.for iPhone users in the US in August. It's both a digital card that lives on your iPhone, with a traditional credit card backup to use in places where
Apple didn't immediately respond to a request for additional comment.