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WhatsApp rival 'Signal' reportedly testing peer-to-peer payments via cryptocurrency

Shortpedia

Content Team
Image Credit: Shortpedia

Taking a cue from its rival WhatsApp, the fast-growing encrypted messaging app Signal has announced to let users send money in cryptocurrency to friends and relatives, as it tests a new peer-to-peer payments system in the beta version of its app. Called Signal Payments, the new feature that is available in the UK first will currently support a privacy-focused payments network called MobileCoin, which has its own currency, MOB.