Microsoft Might Add a Crypto Wallet to Xbox- Leaked Official Document

Microsoft Might Add a Crypto Wallet to Xbox- Leaked Official Document

By Miles

28 Sep 2023 (about 1 year ago)

2 min read

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Rumor has it that Microsoft's Xbox might soon have its own crypto wallet. If true, gaming could change in big ways. Here's the full story

There's a buzz that Microsoft might add a crypto wallet to its popular gaming console, Xbox. While it's still a rumor, the source is official, making it worth attention.

The backstory: The US Federal Trade Commission (FTC) took legal action against Microsoft for buying Activision Blizzard. Microsoft had to share documents about Xbox's future. By mistake, these plans went public. The documents showed plans for a crypto wallet on Xbox. 

Microsoft's interest in crypto isn't new. In 2020, they partnered with Starbucks for a blockchain project. In 2021, they explored the metaverse with Xbox. They've even written about NFTs on their official website. This history makes the idea of a crypto wallet in Xbox believable. Xbox's connection to gaming, a huge area for NFTs and metaverse, adds to this.

Xbox is big in the gaming world. Launched in 2001, its versions have sold millions. If they add a crypto wallet to Xbox, many people will get a chance to use cryptocurrencies and NFTs. This could change the gaming industry, as gamers might need to use cryptocurrencies for new, exciting games.

The latest Xbox is set to come out next year. Everyone's eager to know if it'll have a crypto wallet. With all this talk, Microsoft might share news sooner than expected. If true, Microsoft could benefit a lot, maybe even earning from transaction fees. The wallet could also give Xbox an edge in gaming. For now, we must wait and watch.

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