Apple and Goldman Sachs told CNBC on September 19 that they had abandoned plans to launch an app for futures trading, citing people familiar with those plans. The initial launch date of the project was set for 2022, but it was suspended last year due to deteriorating economic conditions: rising interest rates and inflationary pressures forced investors to abandon risky assets. According to the sources, the infrastructure of the project has been largely built and will be ready for launch if Apple continues to implement its original plan. Also, it's unclear whether Goldman and Apple plan to incorporate crypto futures trading into the app. During the pandemic, Apple tried to diversify its operations and provide financial solutions to customers in the United States by partnering with Goldman Sachs to develop its initiatives.It looks like all the big techies have gone back to the tin tieproduct ch. https://t.co/lYWowJ14npIn In partnership with the bank, Apple launched a credit card for the first time in 2019. Pay Pay Later Earlier this year, the tech giant released its Buy Now, Pay Later feature, which allows users to split purchases into four equal parts without paying interest. A few weeks later, in April, the company announced another product sponsored by Goldman Sachs - a savings account with an annual rate of return of 4.15%. According to a recent report, deposits made by users to Apple's savings account have exceeded $ 10 billion. But the partnership was not without problems. Goldman Sachs is said to have suffered financial losses due to Apple's credit card management, and the average cost to attract customers is $ 350.Apple's entry into the financial services Sunday is not an isolated step. After buying X (formerly Twitter), Elon Musk revealed ma's plansthe social network is an app for everything that includes financial services on the platform. According to Musk, users will be able to see their entire financial world on X in the coming months uitvoeren.de Musk's plans appear to be moving forward. Rhode Island regulators granted X a license to transfer the currency on Aug. 30, a step forward for the financial services company. The license is required by companies that provide financial services on behalf of users, including both fiat and crypto assets. As a result of the approval, X can store, transfer and exchange digital currencies. Cash transfer licenses have also been issued to X companies in Arizona, Georgia, Maryland, Michigan, Mississippi, Missouri and New Hampshire.Magazine: How to protect your cryptocurrency in a volatile Sunday -Bitcoin experts weigh in