Menu

Search

  |   Business

Menu

  |   Business

Search

Microsoft’s Unintentional Leak Reveals Cryptocurrency Wallet Integration Plans for Xbox Consoles

Kamil S/Unsplash

Microsoft inadvertently revealed plans for Xbox crypto wallet integration through leaked documents, eliciting reactions from both the gaming and crypto communities. The company's top executives express regret over the unintentional public disclosure.

As the mistakenly exposed documents state, Microsoft plans to bring cryptocurrency wallets to its Xbox. The papers were painted in words as the "largest" roadmap in the history of Xbox.

According to Crypto Slate, the leaked internal documents were posted on ResetEra, a well-known gaming forum. It disclosed Xbox's plan for May of last year, which indicated the proposed inclusion of crypto wallet support. But then again, detailed specifics for the digital wallet integration were not indicated.

In reaction to the leakage, Microsoft Gaming's chief executive officer and head of Xbox, Phil Spencer, said the documents may have been sourced from papers when the U.S. Federal Trade Commission (FTC) filed a lawsuit against Microsoft in connection with its opposition to the tech firm's acquisition of Activision Blizzard for about $69 billion.

He suggested that FTC's legal action against the company resulted in the unintentional inclusion of the Xbox crypto plans in their submission, which is now being referred to as "leaked documents." This disclosed the scheme to add a crypto wallet in the next version of Xbox.

By commenting on the leak, Spencer is confirming the plans are true. However, he pointed out that the documents were already old, and since the scheme was not realized, he expressed regret over the unintentional public disclosure this month.

"We have seen the conversation around old emails and documents," Spencer wrote in a post on X (Twitter). "It is hard to see our team's work shared in this way because 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."

Photo by: Kamil S/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.