Leaked internal documents shed light on Microsoft’s secret efforts to integrate cryptocurrency wallets into its Xbox gaming console. These revelations, first discovered on gaming forum ResetEra, sparked excitement and speculation within the cryptocurrency community. Here are the details…
Leaked Microsoft documents revealed: There are also cryptocurrencies
The leaked documents, which came to public attention because of the Federal Trade Commission’s lawsuits against Microsoft regarding its $69 million acquisition of Activision Blizzard, outlined a roadmap for Xbox that includes support for cryptocurrency wallets in May 2022. However, the documents did not include specific details about how this integration would work. Xbox head Phil Spencer acknowledged the leak. He attributed this to the mistaken inclusion of these documents in their applications to the FTC. “It’s hard to see our team’s work being shared in this way because so much has changed. “There is a lot to be excited about now and in the future,” he said.
We've seen the conversation around old emails and documents. It is hard to see our team's work shared in this way because so much has changed and there's so much to be excited about right now, and in the future. We will share the real plans when we are ready.
— Phil Spencer (@XboxP3) September 19, 2023
While Spencer hinted at changes in the company’s plans, the cryptocurrency community remains optimistic about the leaked information. Gemini co-founder Tyler Winklevoss emphasized the massive scale of the gaming industry, saying, “Crypto is gamer money, and gaming is a bigger industry than Hollywood and the music industry combined.” This unexpected development has led to intense speculation about the potential impact of integrating crypto wallets into Xbox. Enthusiasts and experts believe that this move could open new uses for cryptocurrencies, including Bitcoin (BTC). However, it is very important to note that Microsoft has not officially confirmed such an integration at this time.
No official confirmation yet.
Although there is no official confirmation, the enthusiastic response from the cryptocurrency community underscores the importance of traditional tech giants embracing the burgeoning crypto industry. As Kriptokoin.com reported, Microsoft had previously expanded its presence in the crypto industry by partnering with Aptos Labs, the developer behind the layer-1 blockchain network Aptos (APT). This collaboration, aimed at improving the capabilities of the Web3 ecosystem, signaled Microsoft’s growing interest in the cryptocurrency space.
While gamers and cryptocurrency enthusiasts await further details, Microsoft’s potential entry into the world of crypto wallets on the Xbox platform has added a new layer of excitement to the evolving landscape of cryptos and gaming. The intersection of these two areas could herald a transformative moment for both industries, potentially reshaping how players will interact with and use BTC and altcoins in the future.
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