📢APPLE AND CRYPTO📢
📌Apple made a significant move with cryptocurrencies by relaxing its rules on cryptocurrency-related apps.
📌U.S. judge ruled that Apple violated a court order in its antitrust case against Epic Games, requiring Apple to allow developers to direct users to external payment options without imposing fees or commissions
☑️This benefits cryptocurrency app developers, who can now:
🔹Link to external payment systems: Developers can link to external payment systems without needing authorization or paying fees
🔹Non-fungible token (NFT) collections: Developers can link to external NFT collections
🔹More freedom for cryptocurrency apps: This decision opens new possibilities for cryptocurrency apps in the App Store
☑️Some notable implications of this change include:
🔹Greater adoption: This move is "very bullish" for the cryptocurrency industry, which could lead to greater adoption
🔹More flexibility: Developers can design and place links that take users to purchase items outside the app without Apple's control
🔹Return of Epic Games: Epic Games CEO Tim Sweeney has even proposed bringing Fortnite back to the App Store if Apple extends this framework globally
☑️Popular cryptocurrency apps like (link not available) and CoinMarketCap are already available in the App Store, offering various services such as:
🔹Buying and selling cryptocurrencies: Users can buy and sell popular cryptocurrencies like Bitcoin and Ethereum
🔹Cryptocurrency price tracking: Apps provide real-time cryptocurrency prices, market trends, and portfolio tracking
🔹Cryptocurrency news and updates: Users can stay informed about the latest news and market analysis of cryptocurrencies
