🚨Apple Updates App Store Guidelines: A Boost for Crypto and NFT Developers
💥Key Changes
🔹️External Payment Links:
Developers can now direct users to external websites for purchases, including crypto transactions, without Apple's commission.
🔸️NFT Secondary Marketplaces:
Apps can facilitate buying and selling NFTs within the app, provided transactions comply with guidelines.
🔹️Increased Flexibility:
More options for handling transactions, potentially reducing reliance on Apple's in-app purchase system.
🔸️New Business Models:
Unlocking new revenue streams and user engagement models for digital art, collectibles, and gaming.
💥Industry Impact
These changes are seen as "hugely bullish" for the crypto industry, offering more opportunities for developers and users.
💥Restrictions and Compliance
🔹️Prohibited Activities:
Cryptocurrency mining, ICOs, and trading of cryptocurrency futures, options, or other securities are still not allowed.
🔸️Compliance:
Apps must comply with all applicable laws and regulations, including financial regulations.
