#AppleCryptoUpdate
Apple has recently made significant changes to its App Store guidelines, allowing developers to direct users to external payment options, including cryptocurrency payments. This move is expected to boost Web3 adoption and provide more flexibility for crypto app developers.
*Key Updates:*
- *External Payment Options*: Developers can now link to external payment methods, bypassing Apple's 30% commission on in-app transactions.
- *NFT Support*: Apps can display NFTs owned by others and link to external NFT collections.
- *Crypto Payments*: Developers can integrate direct crypto payments using digital assets like USDC, ETH, and SOL.
*Impact on Crypto Industry:*
- *Increased Adoption*: Easier integration of crypto payments and NFTs may lead to broader adoption of digital currencies.
- *More Freedom for Developers*: Developers can now design apps without restrictions on payment methods and commissions.
- *Potential Partnerships*: Apple's massive user base and global distribution network may attract major crypto exchanges, wallet providers, and DAOs to leverage this opportunity ¹ ².
*Future Possibilities:*
- *Native Wallet Support*: Potential integration of native wallet support on iPhones for seamless crypto transactions.
- *DeFi and Web3 Growth*: Apple's openness to crypto may accelerate DeFi and Web3 growth, enabling new use cases and applications ³.