Microsoft's latest gaming console expected to feature crypto wallet feature

Microsoft's latest gaming console expected to feature crypto wallet feature

Microsoft's latest gaming console, the Xbox One, is expected to feature a crypto wallet feature, the company's leaked documents show.

In what many called the 'largest in Xbox history' because of the rarity of such unredacted emails coming to the public, Microsoft's tightly wrapped plans seem to have been made public now.

The leaked documents, which included internal data, were part of the ongoing battle between the Federal Trade Commission and the Redmond, Washington-based tech giant.

Alongside Microsoft's plan to launch a new-generation disc-less Xbox Series X, a next-generation hybrid Xbox and a gyro controller in 2028, the leaked documents also reveal the company's plan to incorporate cryptocurrency wallets into its upcoming gaming console.

No other details have been revealed, apart from the support for crypto wallets and their possible integration in the gaming console.

Phil Spencer, the CEO of Microsoft Gaming, made light of the leak, claiming some plans have already been changed.

We have seen the conversation around old emails and documents, he said. It is difficult to see our team's work shared in this way, as so much has changed and there's so much to be excited about right now and in the future. We will share the real plans when we are ready, he said.

While it has become clear that Wall Street giants will drive the next crypto bull run, it looks like Microsoft, via its gaming console Xbox, could also fuel the much-awaited bull season.

However, Microsoft has not confirmed the existence of a crypto integration on its gaming console, leaving its potential impact on the crypto market purely speculative at the moment.

In the past, Microsoft has been making headlines due to rumours that it was working on several projects related to cryptocurrency and Web3. While it has been rumored that the tech giant is working on the integration of a non-custodial Ethereum wallet on its Edge browser, it has not been made public yet.

The company collaborated with decentralized blockchain infrastructure provider Ankr to provide a node hosting service on Microsoft Azure Marketplace to provide support for institutions looking to access blockchain data.