#AppleCryptoUpdate: Apple Eases Crypto App Restrictions Following Court Ruling
In a significant development for the cryptocurrency and NFT sectors, Apple has revised its App Store policies, allowing developers to direct users to external payment methods and NFT marketplaces without incurring the previously mandatory 30% commission. This change follows a U.S. District Court ruling that found Apple in violation of a 2021 injunction aimed at curbing anticompetitive practices.
🔑 Key Changes:
External Payment Links Permitted: Developers can now include buttons or links in their iOS apps that direct users to external websites for purchases, including NFTs.
Elimination of 'Apple Tax': Apple can no longer impose its 30% commission on purchases made outside the App Store ecosystem.
Enhanced NFT Integration: Apps are now allowed to display and facilitate the browsing of third-party NFT collections directly within the app interface.
🚀 Industry Impact:
This policy shift is anticipated to foster innovation within the crypto space, particularly for mobile applications. Developers can now offer more seamless experiences for buying and selling digital assets, potentially accelerating mainstream adoption of cryptocurrencies and NFTs. However, certain restrictions remain, such as prohibitions on crypto mining and in-app token rewards.
