Cryptocurrency should be Apple's future financial gambit, analyst says

RBC Capital Markets believes that Apple starting a cryptocurrency exchange funded through buying Bitcoin could be a smarter move than producing an “Apple Car.”

Credit: Apple

In a note to investors seen by Coindesk, RBC analyst Mitch Steves says that Apple could generate more than $40 billion from the cryptocurrency market and make the U.S. a leader in crypto over the next couple of decades.

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