• Written by: Crypto Breaking News
• Mon, 19 Feb 2024
•   United Kingdom

Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce [...]The post Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets appeared first on Crypto Breaking News.

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from UTXO-based chains from Coinbase accounts. However, Commerce will focus on supporting ERC-20 tokens on layer 2 protocols, like Base and Polygon. Coinbase Commerce [] Source: Bitcoin.com

The post Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets appeared first on Crypto Breaking News.