December 24, 2024

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

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Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets
Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody WalletsCoinbase 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 […]