#AppleCryptoUpdate Apple has been making significant moves in the crypto space. Here are some key updates ¹ ² ³:

- *Softened Crypto App Rules*: Apple has relaxed its rules for crypto apps, allowing developers to direct users to external payment methods without restrictions or hefty fees. This move is seen as "hugely bullish" for the crypto industry, enabling crypto app developers to operate more freely.

- *Partnership with Coinbase*: Apple has partnered with Coinbase, enabling Apple Pay users to purchase crypto seamlessly. Although it's currently a one-way street, allowing fiat-to-crypto transactions, this marks a significant step forward in crypto adoption.

- *NFC Integration for Crypto Payments*: Apple has opened up access to its NFC payment chips to third-party developers, paving the way for cryptocurrency payments on iPhones. iPhone users will soon be able to make crypto payments using the USDC stablecoin by tapping their phones at the point of sale.

- *Security Updates*: Apple has also released security updates to patch vulnerabilities in its operating systems, which could have exposed crypto holders to hacking risks. Users are advised to update their devices to the latest operating systems to ensure security.

These developments indicate Apple's growing interest in cryptocurrency and its potential to drive mainstream adoption.