Breaking: Google taps Coinbase to bring crypto payments to cloud services

Google announced a new deal with Coinbase which will allow a select set of customers to pay for its Cloud services using digital currencies such as Bitcoin (BTC). This will take effect early next year.

According to CNBC on Oct. 11, the tech giant also plans to explore using Coinbase Prime, which is a custodial service for storing and trading cryptocurrencies.

In return, Coinbase announced it will move some of its applications, which were initially stored using Amazon Web services, over to Google’s cloud.

This story is developing and will be updated with new information.