Coinbase Integrates Samsung Pay for Crypto Transactions in US and Canada

Coinbase and Samsung announced the integration of Samsung Pay and Samsung Wallet with the Coinbase app for select users in the US and Canada, expanding to more users in the coming month.

Key points from the integration:

Samsung Wallet combines Samsung Pass and Samsung Pay for mobile transactions, including crypto.
Features include tokenization, biometric authentication, and Samsung Knox security.
Coinbase allows seamless transactions on its platform without needing to switch apps or re-enter payment information.

In related developments:

CoinDCX CEO Sumit Gupta denied rumors of Coinbase acquiring the exchange, emphasizing CoinDCX's focus on economic freedom.
Coinbase partnered with PNC Bank to provide institutional cryptocurrency services to 90,000 corporate clients.
These partnerships illustrate a trend towards mainstream adoption of cryptocurrencies as transactional tools in the evolving US market.