Tim Cook, CEO of Apple, strongly rejected the possibility of launching Apple's own currency and said that private companies should not do such things.

Apple CEO Tim Cook answered questions of French journalists during an interview for Les Echos. Responding to the question about the possibility that Apple launches its own currency, Cook said:

"No. I deeply believe that money must remain in the hands of states. I am not comfortable with the idea that a private group creates a competing currency. A private company does not have to seek to gain power in this way. Money, like defense, must remain in the hands of states, it is their mission. We elect our representatives to assume government responsibilities. Companies are not elected, they do not have to go on this ground."

In the context of the current plans of another US corporation, Facebook and its plans to launch its own digital currency Libra, it can be assumed that Cook's answer is applicable to digital currencies as well.

It is worth adding that Cook's statement does not refute the possibility that Apple will somehow accept cryptocurrencies as a payment method in the future. Apple Pay Vice President Jennifer Bailey recently said in an interview with CNN that the company is interested in cryptocurrencies. According to her, the company considers cryptocurrencies an interesting phenomenon with great potential for development.