#AppleCryptoUpdate

The recent Apple crypto update mentions that Apple is relaxing regulations related to cryptocurrency and NFT applications on the App Store, particularly in the US market. This is a result of a federal court ruling in the antitrust case between Epic Games and Apple.

Key changes:

* Allowing external payment links: App developers can now insert buttons or links directing users to external payment methods without Apple charging a 27% commission as before.

* Support for third-party NFT transactions: iOS apps can now display and allow users to buy and sell NFTs from secondary markets, which was previously restricted.

* No more control over content outside the app: Apple is not allowed to impose fees, conduct checks, or require reporting for transactions occurring outside the app.

Implications for the crypto industry:

This move is considered "very positive" by the cryptocurrency community, opening up opportunities for e-wallet apps, blockchain games, and NFT platforms to thrive more on iOS. Previously, many apps struggled due to Apple's restrictions or high revenue-sharing demands.