#AppleCryptoUpdate

Apple has made a significant move by updating its App Store guidelines to allow certain types of cryptocurrency and NFT-related transactions, signaling a cautious but notable shift toward embracing blockchain-based technologies. Under the new rules, apps can facilitate crypto transactions, but only through exchanges that are licensed in the regions where the app is available. This ensures regulatory compliance and maintains Apple's control over transaction flow within its ecosystem.

However, Apple still mandates that any in-app purchases involving NFTs must go through its own payment system, where it takes a standard 30% commission. This has sparked debate among developers and the broader crypto community, who argue that such fees limit decentralization and innovation. Additionally, Apple prohibits apps from using alternative purchase methods like QR codes or external links to bypass its in-app system.

While this is not a full endorsement of crypto as a payment method on the App Store, it marks an important step in mainstream adoption. Apple’s willingness to allow blockchain elements—albeit on its terms—may push other tech giants to refine their stance on crypto