#AppleCryptoUpdate Apple has recently introduced significant updates to its approach to cryptocurrency and digital assets, marking a striking shift in its policy.

๐Ÿงพ App Store Policy Changes

Apple has updated its App Store Review Guidelines to allow apps that facilitate transactions or the delivery of cryptocurrency, provided they have the necessary licenses to operate in the regions where the apps are distributed. However, these apps are prohibited from unlocking additional features or content through the purchase of digital tokens and cannot include external links or calls to action that direct customers to purchase mechanisms outside the in-app purchasing system.

๐Ÿ“ฑ NFC Access and Secure Elements

In a significant development, Apple has announced plans to open the Near Field Communication (NFC) and Secure Element (SE) APIs to third-party developers in the upcoming iOS 18.1 update. This move will allow developers to offer contactless in-app transactions for various services, including payments, transportation, and access cards, without going through Apple Pay. This change is expected to enhance cryptocurrency integration into everyday transactions on the iPhone.

๐Ÿ” Security Concerns

Despite these advancements, security remains a priority. Apple continues to enforce strict guidelines to ensure safety and everything will be secure.