Privacy-focused messaging app Signal is reportedly spending efforts in rolling out a new cryptocurrency payments service to cater to its clients’ demands. 

Specifically, a report generated by Casey Newton – the founder of the tech newsletter network Platformer – revealed that Signal is reportedly working towards including crypto payments as one of its offerings. 

Particularly, Signal reportedly carried out trial phases for that kind of token across the Binance-backed, Stellar-powered privacy digital coin platform MobileCoin. 

Moxie Marlinspike – Head of Signal – previously took up the role of an adviser on the MobileCoin project, which led to rumours that the trial phase could be in preparation for deployments to be released within the app. 

The Platformer report further detailed that Marlinspike has attempted to reduce the significance of the trial, claiming the tests as “design explorations”, while additionally stated “If we did decide we wanted to put payments into Signal, we would try to think really carefully about how we did that. It’s hard to be totally hypothetical.”

Nonetheless, per Newton, ex-Signal staff reportedly disclosed that the firm is putting extensive efforts in the development of necessary protocols, to finalize the integration of MobileCoin across the messaging platform.

Should the speculations proven correct, Signal would reportedly be the latest messaging entity to establish its presence throughout the crypto and digital payments sphere. 

Nonetheless, a digital coin integration could reportedly subject Signal to heavier regulatory scrutiny, as happened to Facebook – which had to release numerous changes to its planned Diem project, following aggressive regulatory feedback.