No cryptocurrency payments in the Baltics for Samsung

Misreporting has become rife in the nascent crypto news industry and partnerships are usually big headline makers. When they are proved to be fake, the story often has a similar impact.

Last week rumours circulated that electronics giant Samsung would be partnering with an obscure Lithuanian crypto company to offer digital currency payments in three countries in the region. Samsung customers in the three Baltic states of Estonia, Latvia, and Lithuania were said to be the recipients of a new crypto payment deal between blockchain startup CopPay and Samsung.

According to reports it appears that this collaboration between the two companies never actually happened. A Samsung spokesperson told ‘Hard Fork’ “Our official response is that the rumor is not true”. The alleged partnership titled ‘Samsung stores accept cryptocurrencies via CopPay’ was originally posted on CopPay’s Medium page but has since been removed. It went on to state; “Customers in Tallinn, Riga, Vilnius and…