#AppleCryptoUpdate #AppleCryptoUpdate Apple has recently updated its guidelines for crypto and NFT apps on the App Store, making significant changes to its policies. These updates are a result of a US court ruling that Apple violated an injunction in its antitrust legal battle against Epic Games.
*Key Changes:*
- *External Payment Links*: Developers can now include buttons or links that direct users to external websites for purchases, including crypto transactions, without being subject to Apple's in-app purchase commission.
- *NFT Secondary Marketplace Purchases*: Apps can facilitate buying and selling of NFTs on secondary marketplaces within the app, provided transactions comply with App Store Review Guidelines.
- *No Commission on Off-App Purchases*: Apple won't impose commissions or fees on purchases made outside of the app.
*Impact on Developers and Users:*
- *Increased Flexibility*: Developers have more options for handling transactions, potentially reducing reliance on Apple's in-app purchase system.
- *New Business Models*: Enabling secondary NFT sales within apps unlocks new revenue streams and user engagement models.
- *Improved User Experience*: Users may see more seamless integration of crypto purchases and NFT trading within their favorite apps.
*Restrictions:*
- *Mining and ICOs*: Cryptocurrency mining and initial coin offerings (ICOs) remain prohibited.
- *Securities and Compliance*: Apps must comply with financial regulations and laws, and can't facilitate trading of cryptocurrency futures or options.