#AppleCryptoUpdate
Apple has made significant updates regarding cryptocurrency and security:
Cryptocurrency Updates
- *Lifting iOS Restrictions*: Apple has removed restrictions on in-app purchases involving Bitcoin and other cryptocurrencies, allowing crypto payments and NFTs to be processed directly within apps on the App Store.
- *No Apple Tax*: Crypto apps are no longer required to pay the 30% Apple tax on in-app purchases, potentially enabling more aggressive marketing strategies for crypto-related applications.
Security Updates
- *Post-Quantum Cryptography*: Apple has introduced PQ3, a new protocol for iMessage that features post-quantum cryptography, making it the first messaging protocol to reach "level 3" security.
- *iMessage Security Upgrade*: This upgrade provides protocol protections that surpass those in all other widely deployed messaging apps, safeguarding user data against potential quantum computer threats.
Impact
- *Increased Adoption*: This move is expected to have a substantial impact on the cryptocurrency ecosystem, potentially driving increased adoption and usage of crypto-related applications.
- *Future-Proofing*: Apple's adoption of post-quantum cryptography is a proactive measure to protect user data from potential future threats posed by quantum computers.
