Cryptocurrencies

App to Literally Buy a Cup of Coffee With Bitcoin Set for 2020

  • ICE makes announcement as demand for Bitcoin futures rise
  • ICE’s Bakkt unit offers physically-settled Bitcoin contracts

A barista prepares a customers coffee order inside a Starbucks Corp. cafe in the Sandton area of Johannesburg, South Africa, on Monday, Jan. 14, 2019. 

Photographer: Bloomberg

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The push to integrate cryptocurrencies into global commerce looks a step closer to reality.

Intercontinental Exchange Inc. said Monday that it will begin testing its consumer app for digital assets with its partner Starbucks Inc. in the first half of 2020. That follows a jump in Bitcoin futures on the exchange to a record.